Amazon and Microsoft lead the global cloud market in the beginning of 2025
Maryland Records 16.5M Geolocation Transactions During the Launch of Online Sports Betting
By Aarti Dhapte , 14 December, 2022
Over 16.5 million geolocation transactions were recorded in Maryland over the course of the US thanksgiving holiday, according to the data from GeoComply a Vancouver, Canada-based geolocation security and compliance company. The state launched regulated online sports betting industry on November 23, 2022, the state approved 7 betting sites approved by the Maryland Lottery and Gaming Control Agency. The first day of launch recorded over 3.7 million geolocation transactions.
According to GeoComply data from November 23-27 over seven operators were operating in the region and approx. 477,365 new accounts were registered during the same period. According to GeoComply, Maryland's education fund will see a significant increase because of the record-breaking statistics, with legislators noting mobile sports betting as a major source of income for the Blueprint for Maryland's Future Fund in 2021. Moreover, in order to safeguard customers and raise tax revenue for the state's education fund, Governor Larry Hogan publicly campaigned for the rapid roll-out of mobile betting.
Since the launch, the betting industry has seen a surge in demand due to local NFL teams along with college football and basketball matches in the region, the demand is expected to surge even more due to the FIFA 2022 world cup in Qatar. The 16.5 million transactions are nearly double the volume of the neighboring state of Virginia which accounted for 8.5 million, and four-time the volume of Colorado accounting for 3.8 million transactions. Additionally, that number is far higher than Tennessee's 6.6 million and Indiana's 6.7 million. It also matched 17.1 million, which was the same as the much larger market in New Jersey, which is more established and has a far larger population than Maryland. Marylanders will continue to choose legitimate, licensed operations that offer player protections and tax revenue for the state instead of shady offshore bookmakers, just as lawmakers intended.
Most Popular Online Gambling Activities (EU-28)
Latest News
Amazon and Microsoft lead the global cloud market in the beginning of 2025
The leaders in the global cloud infrastructure market, AWS and Microsoft, Azure, still dominate the sector with a market share of 31 percent and 20 percent, respectively, in 2025. While the competition is growing fiercer and cloud computing focused…
India’s Power Surge: Electricity Demand to Soar 6.3 percent Annually Through 2027, Says IEA
Driven by fast economic development and a rising need for electrification, India's energy consumption is expected to rise at an average annual rate of 6.3 percent from 2025 through 2027 (International Energy Agency, IEA). Mostly driven by a jump in…
Japan Resumes Nuclear Energy Projects Following a Shift Towards Clean Energy Transition in 2025
Japan has made a remarkable amendment to its energy policy, indicating an increased emphasis on nuclear energy in 2025. It plans to achieve a 20% share of nuclear energy in electricity generation by 2040, a complete reversal from its post-Fukushima…
UK Seeks Renewable Energy Boost: Energy Secretary Ed Miliband to Visit China in 2025
Energy Secretary Ed Miliband will visit China from March 17 to 19, 2025, to boost the United Kingdom’s (UK) renewable energy initiatives. This visit aims to revive the UK-China Energy Dialogue, excluding nuclear power, via clean and sustainable…
Semiconductors Powering the Future: Fostering Renewable Resources Growth Amid Complexity in Supply Chains
In 2025, the global semiconductor industry is set to boom as sales are projected to increase by 15 percent, reaching nearly USD 721 billion. This growth is prominent in both the technological region and the aiding toward the clean energy shift.
With…
Aarti Dhapte
Team Lead - Research
Latest News
India’s Power Surge: Electricity Demand to Soar 6.3 percent Annually Through 2027, Says IEA
Japan Resumes Nuclear Energy Projects Following a Shift Towards Clean Energy Transition in 2025
UK Seeks Renewable Energy Boost: Energy Secretary Ed Miliband to Visit China in 2025
Semiconductors Powering the Future: Fostering Renewable Resources Growth Amid Complexity in Supply Chains
