In 2020, the coronavirus pandemic brought the hospitality industry to a halt in many parts of the United States. Restaurants, theme parks, and event venues across the country were forced to either close or seriously limit their operations to help stem the spread of COVID-19. Casinos were no exception and, by the end of the year, revenue in American casinos had dropped a whopping 31%–the lowest numbers the industry had seen in nearly 17 years.
Governor Larry Hogan signed more than 200 bills into law, and one of them was the sports betting bill which will go into effect on June 1. This makes Maryland the fifth state to officially legalize sports betting in 2021, and fellow Marylanders couldn’t be more excited.
Sports betting is one of the most popular forms of gambling in the world. Maryland has strong fan support for its local sports teams, and residents are delighted to hear that sports betting will soon be available across Maryland.
It is well known that Maryland has a long history when it comes to gambling. Despite that, the Maryland casino industry has suffered a lot in the last year because of the global pandemic and lockdowns to prevent the spread of Covid-19.
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