MDLottery

Maryland Sports Betting Generates $7.3 Million for State in February

Maryland’s sports wagering market generated $7,318,939 in contributions to the state during February 2026. Bettors wagered $515,655,127 during the month and won back $464,594,429 in prizes, with sportsbook operators holding 9.9 percent of the total handle.

Of the $7.3 million contributed in February, $5.5 million went to public education programs supported by the Blueprint for Maryland’s Future Fund, pushing total sports wagering contributions to education past $250 million since the program began. Through the first eight months of Fiscal Year 2026, from July 2025 through February 2026, sports wagering has returned $96,852,199 to the state.

Here are the statewide totals for February 2026:

Handle (Amount players wagered, including free promotional wagers)

·         Retail: $8,981,251 (includes $8,630 in deductible free promotional wagers)

·         Mobile: $506,673,877 (includes $13,093,707 in deductible free promotional wagers)

·         Combined: $515,655,127

Prizes (Winnings paid to players)

·         Retail: $8,444,277

·         Mobile: $456,150,152

·         Combined: $464,594,429

Hold (Handle less prizes paid)

·         Retail: $536,973 (6.0%)

·         Mobile: $50,523,725 (10.0%)

·         Combined: $51,060,698 (9.9%)

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

·         Retail: $530,547

·         Mobile: $36,196,786

·         Combined: $36,727,333

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

·         Retail: $79,582

·         Mobile: $7,239,357

·         Combined: $7,318,939

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

·         Cumulative contribution to the Blueprint for Maryland’s Future Fund: $250,392,624

·         Cumulative contribution to the General Fund: $23,836,309

·         Cumulative expired prizes contributed to the Problem Gambling Fund: $5,294,019