BALTIMORE, MD—Maryland’s sports wagering market had its fifth-best single-month performance in May 2025, generating $7,746,363 in contributions to the state.

Through the first 11 months of FY2025 (July 2024 through May 2025), sports wagering has contributed $79,696,891 to the state compared to $54,582,952 for the same period in FY2024. The state’s share of sports wagering proceeds is directed to the Blueprint for Maryland’s Future Fund, which supports public education programs.

Sports bettors in Maryland wagered $504,448,190 during May 2025 and won back $438,138,277 in prizes. Sportsbook operators held 13.1% of the handle. Operators paid 15% of their taxable proceeds to the Blueprint for Maryland’s Future Fund. The state had 11 mobile sports wagering platforms and 12 retail sportsbook locations that operated during May.

A detailed summary of the May 2025 results for each sportsbook, including handle, hold percentage, prizes paid, promotional play, taxable win, and contribution to the state, along with a summary of statewide handle and hold by sport is included in the attached chart and available for download at https://www.mdgaming.com.

Here are the statewide totals for May 2025:

Handle (Amount players wagered, including free promotional wagers)

• Retail: $10,258,570 (includes $29,050 in deductible free promotional wagers)
• Mobile: $494,189,620 (includes $12,990,814 in deductible free promotional wagers)
• Combined: $504,448,190

Prizes (Winnings paid to players)

• Retail: $8,708,643
• Mobile: $429,429,635
• Combined: $438,138,277

Hold (Handle less prizes paid)

• Retail: $1,549,928 (15.1%)
• Mobile: $64,759,985 (13.1%)
• Combined: $66,309,912 (13.1%)

Taxable Win (Amount remaining after deducting prizes, promotional wagers and other amounts)

• Retail: $1,076,165
• Mobile: $50,566,255
• Combined: $51,642,420

Sports Wagering Tax (15% of the Taxable Win)

• Retail: $161,425
• Mobile: $7,584,938
• Combined: $7,746,363

Since the inception of Maryland’s sports wagering program in December 2021:

• Cumulative contribution to the Blueprint for Maryland’s Future Fund: $168,150,051
• Cumulative expired prizes contributed to the Problem Gambling Fund: $4,265,333

Photo via Chris Montcalmo Photography

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