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Sports Betting Boosts State Revenue with $4.4 Million Contribution in March 2025 – Southern Maryland News Net


In March 2025, Maryland’s sports wagering market contributed $4,419,403 to the state, bringing the total for Fiscal Year 2025 to $65,590,694 compared to $41,905,251 for the same period in FY2024. The state’s share of sports wagering proceeds goes to the Blueprint for Maryland’s Future Fund to support public education programs.

During March, sports bettors in Maryland wagered $588,500,308 and won back $540,648,347 in prizes, with sportsbook operators holding 8.1% of the handle, the second-lowest hold percentage in the last 12 months. Operators pay 15% of their taxable proceeds to the Blueprint for Maryland’s Future Fund.

There were 11 mobile sports wagering platforms and 12 retail sportsbook locations operating in Maryland during March. A detailed summary of the results for each sportsbook, as well as statewide handle and hold by sport, can be found on mdgaming.com.

Since the inception of Maryland’s sports wagering program in December 2021, there has been a cumulative contribution of $154,043,854 to the Blueprint for Maryland’s Future Fund and $3,784,407 in expired prizes contributed to the Problem Gambling Fund.

Maryland Lottery and Gaming operates the Maryland Lottery and oversees the state’s casinos and sports wagering program. The agency provides guidance to operators and maintains transparency through monthly financial reports. Responsible gambling is encouraged, and Maryland residents can seek help for gambling problems at no cost by calling 1-800-GAMBLER or visiting mdgamblinghelp.org.

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