Sports wagering contributes $4.2 million to Maryland during February

Sportsbook

Sports wagering contributes $4.2 million to Maryland during February

Tuesday 12 de March 2024 / 12:00

⏱ 1 min read

(Baltimore).- Maryland’s sports wagering market generated $4,210,511 in contributions to the state from a handle of $442,557,658 during February 2024. Sports wagering contributions go to the Blueprint for Maryland’s Future Fund, which supports public education programs.

Sports wagering contributes $4.2 million to Maryland during February

The $4.2 million contribution to the state last month was a 50.5% increase compared to the $2.8 million total generated in February 2023, according to a news release. The $442.5 million in handle was an increase of 30.4% compared to the $339.4 million total in February 2023.

Sports wagering data is tracked and reported based on the State of Maryland’s fiscal year, which runs from July 1 through June 30. During the first eight months of Fiscal Year 2024 (July 2023 through February 2024), sports wagering has contributed $37,051,266 to the state.

A detailed summary of the February 2024 results for Maryland’s 13 retail and 12 mobile sportsbooks, 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 available for download at mdgaming.com.

Maryland Lottery and Gaming strongly encourages responsible play. Maryland residents can obtain confidential help with a gambling problem at no cost by calling 1-800-GAMBLER or visiting mdgamblinghelp.org.

Categoría:Sportsbook

Tags: Sin tags

País: United States

Región: North America