Maryland sports betting handle reaches $441.4m in January
January was the second full-month of mobile sports betting in Maryland.
US.- Maryland’s 10 retail and seven mobile sportsbooks registered a handle of $441.4m in January according to the figures released by Maryland Lottery and Gaming Control Agency (MLGCA). The mobile handle was $422.6m, including $21.7m in free promotional play, which is deducted from the taxable win. Retail bets totalled $18.8m.
Maryland sportsbooks generated $2.1m in contributions to the state: mobile wagering $1.8m and retail sportsbooks $226,596. Each sportsbook contributes 15 per cent of its taxable win to the Blueprint for Maryland’s Future Fund, which supports public education programmes.
Maryland’s sports wagering market launched in December 2021 and added its 10th retail location on January 20, 2023 when the Maryland Stadium Sub/Fanatics Sportsbook at FedEx Field opened in Landover.
The Maryland mobile sports betting market opened on November 23. Long Shot’s/Betfred Sportsbook was commenced operations on February 9, 2023, becoming the state’s eighth mobile sportsbook.
See also: Maryland online sports betting handle reaches $478.3m in first full month
