In January 2025, Maryland’s sports wagering market generated $8,244,612 in state contributions, marking the fourth-highest single-month total since the launch of sports wagering in December 2021.
For the first seven months of FY2025 (July 2024 through January 2025), sports wagering has contributed $54,821,117 to the state, a significant increase compared to $32,840,755 for the same period in FY2024. These contributions support the Blueprint for Maryland’s Future Fund, which aids public education programs.
In January 2025, Maryland sports bettors wagered $618,824,226, winning back $536,728,622 in prizes. The state boasts 11 mobile sports wagering platforms and 13 retail sportsbook locations.
For detailed January 2025 results for each sportsbook, including handle, hold percentage, prizes paid, promotional play, taxable win, and state contributions, as well as a summary of statewide handle and hold by sport, please visit mdgaming.com. Prior months’ reports are also available on the site.
Statewide Totals for January 2025:
Handle (Amount players wagered, including free promotional wagers):
- Retail: $17,570,870 (including $24,362 in free promotional wagers)
- Mobile: $601,253,356 (including $25,089,977 in free promotional wagers)
- Combined: $618,824,226
Prizes (Winnings paid to players):
- Retail: $16,033,026
- Mobile: $520,695,596
- Combined: $536,728,622
Hold (Handle less prizes paid):
- Retail: $1,537,843 (8.8%)
- Mobile: $80,557,760 (13.4%)
- Combined: $82,095,604 (13.3%)
Taxable Win (Amount remaining after deducting prizes, promotional wagers, and other amounts):
- Retail: $1,071,321
- Mobile: $53,892,757
- Combined: $54,964,079
Sports Wagering Tax (15% of the Taxable Win):
- Retail: $160,698
- Mobile: $8,083,914
- Combined: $8,244,612
Since the inception of Maryland’s sports wagering program in December 2021:
- Total contributions to the Blueprint for Maryland’s Future Fund: $143,274,277
- Total expired prizes contributed to the Problem Gambling Fund: $3,646,131
