Maryland’s sports betting industry continues to see substantial growth, with the state’s sports handle nearing $6 billion in 2024. According to a report from Gaming Intelligence, Maryland’s sports betting market has experienced significant success since its launch, surpassing expectations and reaching impressive figures in just a few years.
The state’s sports handle is a measure of the total amount of money wagered on sports betting activities, including both online and in-person bets. In 2024, Maryland’s sports handle is projected to approach $6 billion, a remarkable achievement that highlights the popularity and success of the state’s sports betting market.
Maryland’s sports betting industry has been fueled by a combination of factors, including a favorable regulatory environment, strong consumer interest, and a competitive market landscape. The state’s sportsbooks have been able to attract a wide range of bettors, from casual fans to high rollers, thanks to a diverse offering of sports and betting options.
As Maryland’s sports handle continues to grow, the state’s sports betting operators are poised for continued success in the coming years. With a growing number of states legalizing sports betting and expanding their markets, Maryland’s sports betting industry is well-positioned to capitalize on this trend and maintain its strong performance.
Overall, Maryland’s sports handle reaching nearly $6 billion in 2024 is a testament to the state’s growing presence in the sports betting industry and its ability to compete with other major markets. As the industry continues to evolve and expand, Maryland is sure to be a key player in the future of sports betting.
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