Maryland

Maryland Sports Betting Generates Nearly $9.9 Million for State in May

Maryland’s sports wagering market generated $9,899,004 in contributions to the state during May 2026, bringing the total returned to Maryland during the first 11 months of Fiscal Year 2026 to $124,695,286.

Sports bettors wagered $535.4 million during May and won back $469.6 million in prizes, while sportsbook operators held 12.3% of the total handle.

Of the nearly $9.9 million generated in May, $7.4 million was directed to public education programs through the Blueprint for Maryland’s Future Fund and $2.45 million went to the state’s General Fund. Since the launch of Maryland’s sports wagering program, more than $271.3 million has been contributed to the Blueprint Fund, with retail sportsbooks opening in December 2021 and mobile sports betting launching in November 2022.

statewide totals for May 2026:

 

Handle (Amount players wagered, including free promotional wagers)

·         Retail: $9,233,974 (includes $12,500 in deductible free promotional wagers)

·         Mobile: $526,181,379 (includes $14,875,456 in deductible free promotional wagers)

·         Combined: $535,415,353

 

Prizes (Winnings paid to players)

·         Retail: $8,650,378

·         Mobile: $460,991,354

·         Combined: $469,641,733

 

Hold (Handle less prizes paid)

·         Retail: $583,596 (6.3%)

·         Mobile: $65,190,024 (12.4%)

·         Combined: $65,773,621 (12.3%)

 

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

·         Retail: $608,216

·         Mobile: $49,038,858

·         Combined: $49,647,074

 

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

·         Retail: $91,232

·         Mobile: $9,807,772

·         Combined: $9,899,004

 

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

·         Cumulative contribution to the Blueprint for Maryland’s Future Fund: $271,357,915

·         Cumulative contribution to the General Fund: $30,714,103

·         Cumulative expired prizes contributed to the Problem Gambling Fund: $5,584,651