Maryland’s take from legal sports wagering in May was the second highest ever. The $6.9 million contribution to the state last month was 50.3% more than in May of 2023.
Most of the state’s take goes to the Blueprint for Maryland’s Future Fund, which funds early childhood, elementary and secondary education programs.
Total sports wagering in Maryland in May, both at retail sportsbooks and through sports betting apps, was $431.5 million, 35% more than a year ago. The total was down 11.3% from April.
“Maryland bettors took an expected vacation from sports betting in May,” said Steve Bittenbender, analyst at BetMaryland.com. “When sports begin to slow down and the sunshine comes out, total handle size across the country drops.”
Click here to read the rest of the article written by Jeff Clabaugh over at WTOP