PointsBet to enter Maryland sports betting market
June 11, 2021
PointsBet Maryland is planning on entering the recently legalized Maryland sports betting market. PointsBet’s subsidiary has entered an exclusive agreement with Riverboat on-the-Potomac, a licensed satellite simulcast facility for horseracing and minority owned small business. Subject to regulatory approvals from the Maryland Lottery & State Gaming Control Agency, it positions the two partners to quickly offer its best-in-market sports betting product in retail and online capacities in the state, once permitted.
"With terrific partners in The Riverboat on the Potomac, PointsBet is thrilled to begin the process toward offering the passionate, sports-loving community of Maryland with the fastest and most differentiated sports betting product across every customer touchpoint," commented Johnny Aitken, PointsBet USA CEO. "We look forward to quickly and responsibly introducing sports bettors to the newly legalized competitive advantages PointsBet possesses in owning our technology end-to-end, such as market-leading ease of use and the deepest slate of betting options available in the world."
"We're excited about this new endeavor, PointsBet is not only an international leader but has recently proven to be an industry trailblazer. Their landmark agreement with the Riverboat on-the-Potomac has provided an incredible model for the diversity and inclusion of MBEs all over the United States," said Winston DeLattiboudere, Co-Managing Member of the Riverboat Group. As the official, exclusive sports betting partner of NBC Sports, PointsBet will utilize the media premium television and digital assets to promote the PointsBet brand in Maryland.
"We are proud to be partnering with a giant that understands and believes in the value of inclusiveness in every facet of the industry, from the owners to the bettors. Moreover, I am so grateful to the Maryland General Assembly for passing legislation which helped to make this enormous opportunity a reality. We look forward to a future filled with phenomenal successes not only for our partners but for the citizens of Maryland and their communities."