Maryland’s sports wagering market had its most successful month in September 2024, generating $9.4 million in contributions to the state from a handle of $532.9 million. This marked a significant increase from the previous year, with nearly triple the amount of contributions compared to September 2023. The success of the sports wagering market has been attributed to the kickoff of the 2024 football season.
Since the launch of Maryland’s sports wagering program in December 2021, the market has continued to grow, with the first retail sportsbooks opening in December 2021 and mobile sports wagering launching in November 2022. The contributions from sports wagering go to the Blueprint for Maryland’s Future Fund, which supports public education programs.
Maryland Lottery and Gaming Director John Martin encouraged responsible betting practices, emphasizing the importance of setting limits and enjoying betting in moderation. The use of mobile wagering apps with tools to set limits was also highlighted.
Overall, the sports wagering market in Maryland has been steadily growing, with contributions to the state totaling $21.2 million in the first quarter of Fiscal Year 2025, compared to $9.1 million for the same period in FY2024. The cumulative contribution to the Blueprint for Maryland’s Future Fund since the program began in December 2021 has reached $109.6 million.
Detailed results for each sportsbook in September 2024, including handle, hold percentage, prizes paid, promotional play, taxable win, and contribution to the state, are available for download on mdgaming.com. The success of Maryland’s sports wagering market in September 2024 highlights the positive impact of the program on public education funding in the state.
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