PointsBet Signs Strategic Partnership with Riverboat Group

 

PointsBet Maryland LLC has announced its plans to enter the recently legalized Maryland sports betting market through an exclusive deal with Riverboat on-the-Potomac.

The agreement shall afford PointsBet the privilege of partnering with the revered Riverboat on the Potomac, a licensed satellite simulcast facility for horseracing and minority-owned small business located in Charles County, Maryland. Subject to regulatory approvals from the Maryland Lottery & State Gaming Control Agency and per the recently enacted legislation, the strategic partnership positions PointsBet and Riverboat on the Potomac 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. 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,” Johnny Aitken, CEO of PointsBet USA, said.

“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. 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,” Winston DeLattiboudere, Co-Managing Member of the Riverboat Group, said.