April 15th, 2025 by WCBC Radio
Maryland’s sports wagering brought in over $4.4 million dollars in tax revenue to the state in March, about $25 million ahead of last year. The state’s share of sports wagering proceeds is directed to the Blueprint for Maryland’s Future education program. Sports bettors in Maryland wagered over $588 million during March and won back $540 million in prizes, leaving sportsbook operators holding 8.1% of the handle, the second-lowest hold percentage in the last 12 months.