Maryland’s sports wagering market continues to grow, contributing $4.4 million to the state in March 2025. This revenue supports the Blueprint for Maryland’s Future Fund, benefiting public education programs. Since its launch in December 2021, the program has contributed over $150 million to the fund, with additional funds directed to the Problem Gambling Fund.
Mobile platforms drove the majority of the betting activity in March, with bettors wagering $588.5 million. The taxable win was $29.5 million, with mobile betting accounting for a significant portion of it. Promotional wagers, mostly through mobile platforms, totaled $17.2 million.
With 11 mobile apps and 12 retail locations, Maryland’s betting market is steadily growing. The majority of wagers are placed through mobile platforms, reflecting national trends in digital betting. Monthly reports detailing each sportsbook’s performance are posted for transparency.
The revenue generated from sports wagering supports Maryland’s education budget and complements contributions to the Education Trust Fund. While some critics argue for higher tax rates, advocates believe that sports wagering provides a reliable source of funding without increasing taxes.
As the market matures, operators face challenges such as promotional costs and competition. While some retail sportsbooks have closed, new partnerships like Caesars Sportsbook at Long Shot’s in Frederick show resilience. The market appears stable, focusing on responsible growth for the future.
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