Maryland sports betting hits record $532 million
Maryland sports betting surges to record $532.9 million in September, fueled by NFL kickoff
Maryland’s sports betting market hit an all-time high in September 2024, with bettors wagering a record $532.9 million, driven by the start of the NFL season and increased excitement around the Washington Commanders. The state collected $9.4 million in tax revenue, nearly triple the $3.2 million generated during the same month last year.
In September, Maryland sportsbooks had a whopping 25.5% hold on parlay wagers
Per the Maryland Lottery and Gaming Agency, sportsbooks combined for an outstanding 25.2% hold on parlay wagers in September. That was enough for $50.3 million in gross sports betting revenue. Maryland’s overall haul between all state operators was $65.
Maryland sets monthly sports betting tax revenue record in September
Maryland sports bettors wagered more than $500 million in September, which helped the state set a monthly record for tax revenue creation.
Maryland sports betting hits record $532 million in September
September marked a record month for sports wagering in Maryland – and it appears as though a certain surging football team is one of the reasons why. FOX 5's Josh Rosenthal has the story.
Maryland Sports Wagering Hits Record High in September 2024
In a record-breaking month for Maryland’s sports wagering market, September 2024 saw a contribution of $9,379,598 to the state, generated from an impressive handle of $532,866,676. The contributions will benefit the Blueprint for Maryland’s Future Fund,
Maryland sports betting hits record $532 million in September amid NFL surge
September marked a record month for sports wagering in Maryland – and it appears as though a certain surging football team is one of the reasons why.
Sports wagering contributes over $9.3M to Maryland in September
The State of Maryland received over $9.3 million from sports wagering in September.This is the most successful month in its nearly three-year history, according
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