• Loading stock data...
Friday, December 12, 2025

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 Offseason Spending Heats Up With Trio of Big-Money Deals

A trio of deals this week is expected to loosen the market.
Visalia Rawhide played their home opener Tuesday, April 11, 2023 against the Rancho Cucamonga Quakes.

Marc Lasry’s PE Firm Steps Into Minor League Baseball

Avenue Sports Fund’s new entity, OnDeck, has acquired two MiLB teams.
Sep 20, 2025; Chicago, Illinois, USA; Chicago White Sox pitcher Yoendrys G—mez (94) delivers during the first inning against the San Diego Padres at Rate Field.

Winners and Losers in MLB Draft Lottery

The Southside Chicago club will get its first No. 1 pick since 1977.
Atlantic Coast's Kylie Johnson (5) makes a flag pull against Ribault during the Gateway Conference high school flag football tournament on April 2, 2024.

NFL Owners Vote to Spend $1 Million Per Team on New Flag..

The league’s investment arm will invest up to $32 million total.

Featured Today

The Los Angeles Chargers host executives from UCLA Health on Wednesday, August 7, 2024 at The Bolt in El Segundo, CA.

The Multibillion-Dollar Business of Pro Athlete Recovery

What started as ice baths has evolved into a multibillion-dollar industry.
Big League Wiffle Ball
November 29, 2025

Celebrity-Backed Wiffle Ball Has Big-League Aspirations

Big League Wiffle Ball team owners include Kevin Costner and David Adelman.
November 24, 2025

How NBA Arena Experiences Went Ultra-Luxe

For the most connected guests, the game has become a secondary attraction.
Nov 23, 2025; Inglewood, California, USA; Los Angeles Rams quarterback Matthew Stafford (9) throws a pass against the Tampa Bay Buccaneers during the fourth quarter at SoFi Stadium.
November 24, 2025

Stafford, Rams Rise From the Pack to Super Bowl Contention

The NFL team now has the top odds to win Super Bowl LX.

Goodell: NFL Not Ready to Align With Prediction Markets

The NHL has partnered with both Kalshi and Polymarket.
Dec 1, 2025; Foxborough, Massachusetts, USA; New England Patriots running back TreVeyon Henderson (32) runs the ball against New York Giants safety Dane Belton (24) during the fourth quarter at Gillette Stadium.
December 3, 2025

Polymarket Returns to U.S. After Nearly Four Years

The wait list is more than 200,000 people long.
Aug 1, 2025; Chicago, IL, USA; Baseball commissioner Rob Manfred announces Major League Baseball and the Chicago Cubs will host the 2027 All Star game at Wrigley Field
exclusive
December 5, 2025

MLB Sent Memo Warning Players About Prediction Markets

The league told players its same betting rules apply to prediction markets.
Sponsored

20 Years of Coastal Cool: How Johnnie-O Became a Force in Golf,..

A style movement powering one of the fastest-growing brands in sports and lifestyle.
Feb 14, 2024; Kansas City, MO, USA; A general overall aerial view of Kauffman Stadium (foreground) and Arrowhead Stadium at the Truman Sports Complex.
December 1, 2025

Missouri’s Betting Debut Comes As Chiefs, Royals Eye New Homes

The state had been one of the largest without legalized wagering.
Shayne Coplan. 60 Minutes/YouTube
December 1, 2025

Polymarket and Kalshi CEOs Say They’re Changing the World

They also insist they don’t run gambling platforms.
John Fisher
opinion
November 30, 2025

Tanking Is Hurting Pro Sports More Than Gambling Ever Could

Something much worse than gambling is killing sports.
November 29, 2025

Polymarket and Kalshi Are Shitposting Their Way to Legitimacy

Polymarket and Kalshi’s social media posts are unhinged. Investors call it “authenticity.”