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Maryland came into an early Christmas present this year.Maryland Lottery and Gaming today reported more than $78.6 million in taxable gaming revenue this past November. The state taxes sports betting at a rate of 15%, which led to nearly $11.8 million in sports betting tax revenue, a historic mark f
Maryland’s sports betting market hit an all-time high in September 2024, with bettors wagering a record $532.9 million, driven by the start of the NFL season and increased excitement around the Washington Commanders. The state collected $9.4 million in tax revenue, nearly triple the $3.2 million gen
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