Maryland Sports Betting Revenue Surges to Over $1.6 Billion
Tuesday 11 de August 2026 / 12:00
⏱ 1 min read
(Maryland).- Sports betting—not traditional casinos—fueled the majority of Maryland's $1.6 billion in gambling tax revenue for FY 2025.
Sports Betting Now Driving State Funds
More than $1.6 b was sent to state programs in Maryland and services by the Maryland state’s gambling industry during the past fiscal year 2025, but the money flowing into state funds increasingly is being driven by sports betting mostly and not form casinos that have long dominated the market.
In fiscal 2026, which ended June 30, the Maryland Lottery and the state’s casinos, sportsbooks and fantasy sports operators contributed $1.637 billion, according to Maryland Lottery and Gaming which is $48 million more than 2025.
Sports Wagering has contributed $132.3 M to Maryland
Much of the increase was accounted for by sports wagering. The industry has contributed $132.3 million to Maryland's economy which is significantly up from $88.9 million in 2025. More than $99.7 m were allocated to the Blueprint for Maryland’s Future Fund (the fund supports public education) and $32.6 million went to the state’s General Fund.
Categoría:Sportsbook
Tags: Sin tags
País: United States
Región: North America
Event
SiGMA North America 2026
01 de September 2026
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Tuesday 22 Sep 2026 / 12:00
"Our focus for growth is in Mexico and the rest of LatAm", Alberto Alfieri, Co-Founder of Blokotech
(Mexico City, SoloAzar Exclusive).- Following their success at SiGMA North America—where they secured the Best Casino Platform 2026 award—Blokotech's co-founder discusses growth opportunities in Mexico and the broader region. He also highlights the platform's latest AI-driven innovations and outlines the next phases of the company's expansion strategy.
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(Mexico City, SoloAzar Exclusive).- At SiGMA North America 2026 in Mexico City, the conference “The VIP Paradox: Emotional Intelligence vs. Revenue Pressure” brought together Beatriz Melges, Regional Director at BetConstruct AI; Rodrigo Ripol, Business Development Officer at AHIS; Erick Sapien, Country Manager at BC.GAME; and Thomas Carvalhaes, Founder and CEO of TC iGaming Advisors LATAM, to examine the balance between VIP management, revenue generation, player protection and emotional intelligence.
Tuesday 22 Sep 2026 / 12:00
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