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Gamblers spent huge on cell sports activities betting in first days following Maryland launch

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Gamblers spent huge on cell sports activities betting in first days following Maryland launch

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Gamblers utilizing their sports activities betting apps wagered $186 million over the primary eight days that on-line betting was operational on the finish of November, in keeping with the latest monthly revenue report from state regulators posted Monday.

The quantity gambled on state’s first seven cell sports activities playing apps included practically $64 million in free play promotional wagers funded by the apps.

The cell gamblers received again $160 million.

The amount of cash spent on cell sports activities playing in a little bit greater than every week dwarfed the $33 million that bettors gambled at brick-and-mortar sports activities betting areas all through the course of all the month. The apps went live on Nov. 23, the day earlier than Thanksgiving.

Because of the numerous promotions — some apps provided a whole bunch of {dollars} price of free bets to lure in gamblers — the cell sports activities playing business had a web lack of about $38 million within the month of November.

…This story continues. Read the remainder at The Baltimore Banner: Gamblers spent big on mobile sports betting in first days following Maryland launch

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