- PointsBet has entered a multi-year strategic partnership with The Riverboat on the Potomac, gaining market access in Maryland.
- The Riverboat on the Potomac will become the first minority enterprise in Maryland to launch a sportsbook.
- PointsBet will launch a retail sportsbook alongside bringing its mobile offering to Maryland.
ANNAPOLIS, Md. – Maryland sports betting fans will be adding a new sportsbook to their ranks as PointsBet secures market access in the Old Line State.
PointsBet and The Riverboat on the Potomac have entered a multi-year strategic partnership, allowing PointsBet to operate its mobile sportsbook in Maryland.
PointsBet will also be launching a retail sportsbook at The Riverboat. The Maryland sports betting market continues to expand.
PointsBet Meets Maryland
The interesting thing about The Riverboat on the Potomac is its location, which is technically in Virginia. The operation is located at Colonial Beach in the Potomac River, but due to it being in the water half of its operation crosses state lines into Maryland.
The sportsbook will be located on the side of the boat that is in Maryland, granting PointsBet access to the Maryland market.
"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," said Johnny Aitken, PointsBet USA CEO.
Another big thing surrounding this sportsbook is that it will be the first minority-owned operation to launch a sportsbook in Maryland.
When legal sports betting was regulated in Maryland, there was an emphasis in the legislation to include minority and women-owned operators as well.
The Riverboat, known for its horse racing facility was very vocal during the regulations period about the inclusion of minority operators.
"We’re excited about this new endeavour and are proud to be partnering with a company that understands and believes in the value of inclusiveness in every facet of the industry, from the owners to the bettors," said Winston DeLattiboudere, Co-Managing Member of the Riverboat Group.
Due to its location being able to attract both Maryland and Virginia patrons, the PointsBet sportsbook at The Riverboat is sure to be a major success on launch.