Maryland’s 10 retail and 10 mobile sportsbooks combined to generate $2,835,051 in contributions to the state during June 2023.
Statewide handle in June totaled $254,476,790, with mobile handle accounting for 95.8% of the total at $243,817,173. Mobile wagering delivered $2,743,809 in contributions to the state during June, while retail sportsbooks contributed $91,242.
Each sportsbook contributes 15% of its taxable win to the Blueprint for Maryland’s Future Fund, which supports public education programs. Here are the statewide sports wagering totals for June 2023:
Handle (Amount players wagered, including free promotional wagers)
● Retail: $10,659,617 (includes $3,895 in free promotional wagers)
● Mobile: $243,817,173 (includes $7,754,571 in free promotional wagers)
● Combined: $254,476,790
Prizes (Winnings paid to players)
● Retail: $10,025,716
● Mobile: $217,373,956
● Combined: $227,399,672
Hold (Handle less prizes paid)
● Retail: $633,901 (5.9%)
● Mobile: $26,443,217 (10.8%)
● Combined: $27,077,118 (10.6%)
Taxable Win (Amount remaining after deducting prizes, promotional wagers and other amounts)
● Retail: $608,277
● Mobile: $18,292,060
● Combined: $18,900,337
Sports Wagering Tax (15% of the Taxable Win)
● Retail: $91,242
● Mobile: $2,743,809
● Combined: $2,835,051
Since the inception of Maryland’s sports wagering program in December 2021:
● Cumulative contribution to the Blueprint for Maryland’s Future Fund: $28,141,705
● Cumulative expired prizes contributed to the Problem Gambling Fund: $2,224,168
Additional retail locations and mobile sportsbooks are expected to launch in the near future.