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
LatAm Regulators Discussed Illegal Gambling and Innovation at SiGMA North America
(Mexico City, SoloAzar Exclusive).- The panel "The Red Pen Forum: Regulators Respond to the Industry," held during SiGMA North America 2026, brought together representatives from Uruguay, Argentina, Puerto Rico, and Honduras to analyze regulatory challenges, digital transformation, illegal gambling, and the need to adapt lotteries for new generations. The conference was moderated by Rodrigo Cigliutti, Executive Director of CIBELAE (Ibero-American Corporation of State Lotteries and Betting), and featured the participation of Marcelo Visconti, National Director of Lotteries and Quinielas of Uruguay; Carlos Moyano, President of IAFAS Entre Ríos, Argentina; Heidi Hernández Olivo, Deputy Secretary of the Puerto Rico Lottery; and Lissa Mencía, General Director of Lottery Operations and Games at Loto Honduras.
Monday 28 Sep 2026 / 12:00
SiGMA North America Addressed Crisis Management in iGaming
(Mexico, SoloAzar Exclusive).- During SiGMA North America 2026, Rosa Ochoa, founder of the Blue Global Gaming platform and strategic advisor for gaming operators; Iliana María Pineda Echeverri, Chief Legal & Compliance Officer at Wplay.co; Iraid Rosales, Country Manager Mexico at Amusnet; and Elizabeth Maya Cano, Executive President of CORNAZAR, analyzed the key factors in managing crisis situations within the iGaming industry, with a special focus on transparency, communication, technology, and preparation.
Friday 25 Sep 2026 / 12:00
Affiliates and Acquisition: Keys to Regulated Markets in North America
(Mexico City, SoloAzar Exclusive).- During SiGMA North America 2026, Cristopher Guzmán Reyes, Head of Affiliates at Logrand Entertainment Group; Guga Júnior, influencer and slots expert at Scalar Partners; Andrés Gómez, Head of Latin America Go-to-Market Strategy at Admattic; Yambot Aguilera, Gaming and Finance Sales Director at Google; and Paula Gabriel Jiménez, Advertising Client Growth Director for Microsoft at Aleph, analyzed the state and provincial affiliate ecosystem in North America, as well as the acquisition challenges in regulated markets.
Thursday 24 Sep 2026 / 12:00
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