Maryland’s sports betting market has seen significant growth, contributing $8.2 million in January and totaling nearly $54.8 million for the fiscal year so far. This revenue goes towards the Blueprint for Maryland’s Future Fund, which supports public education. Marylanders placed $618.8 million in bets in January, with 11 mobile platforms and 13 retail sportsbooks available in the state.
Key figures for January 2025 show total wagers of $618.8 million, total payouts to players of $536.7 million, and total revenue before taxes of $82.1 million. After deductions, taxable revenue amounted to $55 million, leading to state tax revenue of $8.2 million. Since the legalization of sports betting in December 2021, Maryland’s program has generated significant contributions to the Blueprint Fund.
The Maryland Lottery and Gaming Oversight ensures fair play and financial transparency in the state’s sports betting industry, with monthly reports available on mdgaming.com. For those struggling with gambling, free confidential help is available at 1-800-GAMBLER or mdgamblinghelp.org.
As sports betting continues to gain popularity in Maryland, the Blueprint Fund is expected to grow further, providing crucial support for education throughout the state. The success of the sports betting market is not only benefiting bettors but also contributing significantly to public education in Maryland.
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