Maryland

Maryland Sports Betting Generates $15.7M for State in December

Maryland’s sports wagering market generated $15.7 million in state contributions in December and more than $78.6 million through the first half of Fiscal Year 2026, up from $46.6 million during the same period last year.

In December, bettors wagered $636.3 million and won $555.7 million.

Per the news release: Maryland’s sports wagering market generated $15,736,889 in contributions to the state during December, and has accounted for more than $78.6 million in state contributions through the first half of Fiscal Year 2026.

Sports bettors in Maryland wagered $636,272,774 during December and won back $555,666,810 in prizes. Sportsbook operators held 12.7% of the handle.

Retail sports wagering operators contribute 15% of their taxable proceeds to the Blueprint for Maryland’s Future Fund, which supports public education programs. Mobile sports wagering operators contribute 15% of their taxable proceeds to the Blueprint Fund and 5% to the state’s General Fund. In December 2025, the combined retail and mobile contribution to the Blueprint Fund was $11,849,429, while an additional $3,887,460 in mobile proceeds went to the General Fund.

Through the first six months of Fiscal Year 2026 (July 2025 through December 2025), sports wagering contributions to the state have totaled $78,604,721, compared to $46,576,504 during the same six-month period last year.

 

The Canton Gaming retail sportsbooks located in Canton and Pikesville ceased operations on December 14. As of the end of December, Maryland had 11 retail sportsbook locations and 12 mobile sportsbooks operating.

 

A detailed summary of the December 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 December 2025:

Handle (Amount players wagered, including free promotional wagers)

·       Retail: $10,209,754 (includes $13,380 in deductible free promotional wagers)

·       Mobile: $626,063,021 (includes $85,749 in deductible free promotional wagers)

·       Combined: $636,272,774 

Prizes (Winnings paid to players)

·       Retail: $8,982,460

·       Mobile: $546,684,350

·       Combined: $555,666,810

Hold (Handle less prizes paid)

·       Retail: $1,227,294 (12.0%)

·       Mobile: $79,378,671 (12.7%)

·       Combined: $80,605,964 (12.7%)

Taxable Win (Amount remaining after deducting prizes, promotional wagers and other amounts)

·       Retail: $1,246,986

·       Mobile: $77,749,205

·       Combined: $78,996,191

Sports Wagering Tax (15% of Taxable Win for Retail; 20% of Taxable Win for Mobile)

·       Retail: $187,048

·       Mobile: $15,549,841

·       Combined: $15,736,889

Since the inception of Maryland’s sports wagering program in December 2021:

·       Cumulative contribution to the Blueprint for Maryland’s Future Fund:  $236,654,116

·       Cumulative contribution to the General Fund: $19,327,337

·       Cumulative expired prizes contributed to the Problem Gambling Fund:  $5,169,831