According to Maryland’s sports wagering program, Maryland’s sports wagering market generated $4,419,403 in contributions to the state during March 2025.
Sports bettors in Maryland wagered $588,500,308 during March 2025 and won back $540,648,347 in prizes, leaving 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. The state had 11 mobile sports wagering platforms and 12 retail sportsbook locations that operated during March.
A detailed summary of the March 2025 results for each sportsbook, including handle, hold percentage, prizes paid, promotional play, taxable win, and contribution to the state, along with a summary of statewide handle and hold by sport is included in the attached chart and available for download at mdgaming.com.
Here are the statewide totals for March 2025:
Handle (Amount players wagered, including free promotional wagers)
· Retail: $15,145,894 (includes $18,850 in deductible free promotional wagers)
· Mobile: $573,354,414 (includes $17,140,195 in deductible free promotional wagers)
· Combined: $588,500,308
Prizes (Winnings paid to players)
· Retail: $14,781,275
· Mobile: $525,867,071
· Combined: $540,648,347
Hold (Handle less prizes paid)
· Retail: $364,619 (2.4%)
· Mobile: $47,487,342 (8.3%)
· Combined: $47,851,961 (8.1%)
Taxable Win (Amount remaining after deducting prizes, promotional wagers and other amounts)
· Retail: $543,033
· Mobile: $28,919,653
· Combined: $29,462,687
Sports Wagering Tax (15% of the Taxable Win)
· Retail: $81,455
· Mobile: $4,337,948
· Combined: $4,419,403
Since the inception of Maryland’s sports wagering program in December 2021:
· Cumulative contribution to the Blueprint for Maryland’s Future Fund: $154,043,854
· Cumulative expired prizes contributed to the Problem Gambling Fund: $3,784,407″