• Loading stock data...
Monday, March 24, 2025
Nominations Are Open for Front Office Sports Honors! Submit Now

The Imminent Rise of In-Stadium Betting

DMAC Architecture/Design: Alex Brooks

The Maryland House of Representatives approved a bill this week that, if passed by the Senate, would allow sports betting online, at casinos, and at stadiums for the Baltimore Ravens, Baltimore Orioles, and the Washington Football Team

Maryland expects to make $15-$19 million annually from betting, and would join other states capitalizing on in-stadium wagering.

Illinois and Washington D.C. allow in-person sportsbooks to operate at venues, and legislation in Virginia will allow mobile wagering. Seven other states — including Maryland — have pending bills.

Capital One Arena introduced in-venue betting in August 2020 with William Hill — the first sportsbook inside a U.S. professional sports venue. The temporary setup handled $12.2 million from 113,000 bets in September.

The Pittsburgh Penguins’ PPG Arena announced a partnership with BetRivers last summer as well, and the Chicago Cubs revealed plans for a DraftKings sportsbook near Wrigley Field in 2022. The Washington Nationals and BetMGM are set to open the first onsite sportsbook in an MLB stadium this summer.

Last month, the NFL said it would allow betting lounges at stadiums in states where sports betting is legal, although placing in-person bets in the lounges would still be prohibited.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

MLB Wants to Split ESPN’s Rights Between Multiple Companies

A more disparate strategy is emerging for ESPN’s expiring MLB rights.
Mar 20, 2025; Providence, RI, USA; Arkansas Razorbacks forward Karter Knox (11) controls the ball against Kansas Jayhawks during the first half at Amica Mutual Pavilion.

Men’s March Madness Sets Opening-Day Viewership Record

CBS Sports and TNT Sports scored big with Arkansas–Kansas.

Record-Setting Tokyo Series Maintains MLB’s World Series Momentum

Viewership records are set in Japan amid rabid fan reception.

Blue Jays CEO Says Guerrero Not Ohtani, but Confident He’ll Sign

Blue Jays CEO Mark Shapiro is optimistic about keeping the superstar.

Featured Today

Mar 20, 2025; Lexington, KY, USA; Creighton Bluejays forward Jasen Green (0) dunks the ball during the second half against the Louisville Cardinals in the first round of the NCAA Tournament at Rupp Arena
March 22, 2025

Basketball-Only Schools Could See Power Surge After House Settlement Approval 

Football teams might monopolize the revenue-sharing dollars at power conference schools.
Mar 15, 2025; New York, NY, USA; St. John's Red Storm guard RJ Luis Jr. (12) after hitting a three-point basket against the Creighton Bluejays in the second half at Madison Square Garden.
March 20, 2025

Perfect Storm: St. John’s Biggest Fans Can’t Bet on the School

In the No. 1 sports betting market, the Red Storm are off-limits.
Nov 9, 2024; Kansas City, MO, USA; in a NWSL playoff match at CPKC Stadium.
March 19, 2025

The ‘Groundswell and Momentum’ Behind New Women’s Pro Sports Venues

Women’s pro teams are increasingly getting their own new stadiums and facilities.
Mar 14, 2025; Kansas City, MO, USA; Texas Tech Red Raiders guard Kevin Overton (1) and Arizona Wildcats forward Carter Bryant (9) go after a loose ball during the second half at T-Mobile Center.

Robinhood Adding Prediction Market From Kalshi After Super Bowl About-Face

Robinhood’s partnership with Kalshi will be wide-ranging.
March 5, 2025

Nevada Orders Kalshi to Shut Down Sports Markets

Kalshi has not taken down the markets yet.
Mar 10, 2025; Dunedin, Florida, USA; Houston Astros outfielder Jacob Melton (76) steals second base past Toronto Blue Jays second baseman Andres Gimenez (0) in the second inning during spring training at TD Ballpark.
March 10, 2025

MLB Asks CFTC to Ensure ‘Integrity’ of Bets on Exchanges Like Kalshi

The CFTC is reviewing the legality of sports event contracts.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
Jan 17, 2025; San Antonio, Texas, USA; San Antonio Spurs center Victor Wembanyama (1) dribbles past Memphis Grizzlies forward Santi Aldama (7) in the second half at Frost Bank Center.
February 21, 2025

Fanatics Pays Out and Refunds Wembanyama Bets After Injury Ends Season

Fanatics applied its Fair Play rule to bets related to Wembanyama winning awards.
Jon Batiste
February 10, 2025

Sportsbooks Split on Hotly Disputed Super Bowl National Anthem Prop Bet

FanDuel and DraftKings split on the national anthem duration.
Andy Reid
February 9, 2025

Sportsbooks Call for Tighter Regulations on Prediction Markets

Sports betting and sports event contracts are treated differently—for now.
Josh Allen
February 6, 2025

Polymarket Whale Made Huge Late Bets On Josh Allen Winning NFL MVP

Allen’s odds skyrocketed from the 50s to over 90% on Thursday afternoon.