Maryland’s sports wagering market continues to thrive, with a total contribution of nearly $7 million to the state from a handle of over $431 million in May 2024. This marked a significant increase from the previous year, showcasing the growing popularity of sports betting in the state.
The contributions from sports wagering go towards the Blueprint for Maryland’s Future Fund, which supports public education programs. In the first 11 months of Fiscal Year 2024, sports wagering has contributed over $54 million to the fund, helping to support vital education initiatives in the state.
Detailed data for each sportsbook, including handle, hold percentage, prizes paid, and contributions to the state, is available for download on mdgaming.com. The statewide totals for May 2024 show a strong performance in both retail and mobile sports wagering, with significant contributions to the state’s revenue.
Since the launch of Maryland’s sports wagering program in December 2021, there has been a cumulative contribution of over $82 million to the Blueprint for Maryland’s Future Fund. Additionally, contributions have been made to the Problem Gambling Fund to support responsible gambling initiatives in the state.
Maryland Lottery and Gaming, which oversees the state’s casinos and sports wagering program, provides regulatory oversight to ensure transparency and responsible play. Monthly financial reports are posted on mdgaming.com, and residents can access confidential help for gambling problems through the 1-800-GAMBLER helpline or mdgamblinghelp.org.
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