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Mobile Sports betting has already generated contributions to the state

December 14th, 2022 by WCBC Radio

Maryland Lottery and Gaming officials have released the numbers on how much money mobile sports betting has already generated for the state. Maryland’s first seven mobile sportsbooks held eight hours of controlled demonstration wagering on Nov. 21 and launched at 9 a.m. on Nov. 23. In nine days of operations during November, the mobile sports wagering handle was $186,084,496. That amount included $63,835,319 in free promotional play, which was provided to customers by sportsbooks. Mobile betting providers are not taxed on the money wagered through those free bets, so lottery officials say mobile betting accounted for $4,262 in contributions to the state. Maryland Lottery and Gaming Director John Martin said the early returns have been outstanding, and he the program will be expanding in the coming months…