Maryland’s sports wagering market continues to thrive, with a total of $8,244,612 generated in contributions to the state during January 2025. This marks the fourth-best single-month total since the launch of sports wagering in December 2021. Overall, sports wagering has contributed $54,821,117 to the state in the first seven months of FY2025, compared to $32,840,755 for the same period in FY2024. These contributions go towards the Blueprint for Maryland’s Future Fund, which supports public education programs.
During January 2025, sports bettors in Maryland wagered a total of $618,824,226, winning back $536,728,622 in prizes. The state currently has 11 mobile sports wagering platforms and 13 retail sportsbook locations. Detailed results for each sportsbook, including handle, hold percentage, prizes paid, taxable win, and contribution to the state, can be found on mdgaming.com.
The statewide totals for January 2025 reveal that the combined handle for retail and mobile sports wagering was $618,824,226, with a hold percentage of 13.3%. The taxable win amounted to $54,964,079, resulting in a sports wagering tax of $8,244,612. Since the program’s inception, a cumulative contribution of $143,274,277 has been made to the Blueprint for Maryland’s Future Fund, with $3,646,131 contributed to the Problem Gambling Fund.
Overall, Maryland’s sports wagering program continues to be successful, providing significant contributions to the state while also offering entertainment and opportunities for sports bettors.
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