Maryland

Maryland Sports Betting Generates $8.8M for State in March

Maryland’s sports wagering market generated $8.8 million in contributions to the state in March 2026, bringing the fiscal year total to more than $105.6 million through the first nine months. Bettors wagered $604.7 million during the month and won back nearly $542 million, with sportsbook operators holding 10.4% of the total handle.

Of the March contributions, approximately $6.6 million was directed to education programs through the Blueprint for Maryland’s Future Fund, while about $2.2 million went to the state’s General Fund. Officials noted that both retail and mobile operators contribute a portion of their proceeds to the Blueprint Fund, with mobile wagering also supporting the General Fund.

Per Maryland Lottery and Gaming:

Handle (Amount players wagered, including free promotional wagers)

·         Retail: $9,466,511 (includes $19,030 in deductible free promotional wagers)

·         Mobile: $595,247,135 (includes $17,027,907 in deductible free promotional wagers)

·         Combined: $604,713,646

 Prizes (Winnings paid to players)

·         Retail: $8,719,106

·         Mobile: $533,274,787

·         Combined: $541,993,893

Hold (Handle less prizes paid)

·         Retail: $747,405 (7.9%)

·         Mobile: $61,972,348 (10.4%)

·         Combined: $62,719,753 (10.4%)

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

·         Retail: $687,568

·         Mobile: $43,500,225

·         Combined: $44,187,793

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

·         Retail: $103,135

·         Mobile: $8,700,045

·         Combined: $8,803,180

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

·         Cumulative contribution to the Blueprint for Maryland’s Future Fund: $257,020,793

·         Cumulative contribution to the General Fund: $26,011,320

·         Cumulative expired prizes contributed to the Problem Gambling Fund: $5,390,537