Maryland saw a big jump in sports betting revenue in January, up 23.4% from last year to $545 million.
The taxable win was $55 million, contributing $8.2 million in taxes, a record high. The hold was 14.7%, prizes paid were $465 million, both up compared to last year.
For the 2024 financial year, Maryland has reached $3.1 trillion in sports betting handle, a 144.9% increase from 2023.
The taxable win was $55 million, contributing $8.2 million in taxes, a record high. The hold was 14.7%, prizes paid were $465 million, both up compared to last year.
For the 2024 financial year, Maryland has reached $3.1 trillion in sports betting handle, a 144.9% increase from 2023.
