Big shift to mobile sports wagering in Maryland, handle hits $478.3 million

Maryland’s nine retail and seven mobile sportsbooks recorded a combined handle of $497,121,656 in December and generated $440,043 in contributions to the state. The Maryland Lottery and Gaming office released the financial report on Tuesday.

The $497 million generated in December is a major jump from November’s $219 million, due to the addition of mobile betting.

Mobile Wagering

December was Maryland’s first full month of mobile sports wagering, as the seven Maryland sportsbooks currently operating online in the state launched on Nov. 23.

The Maryland mobile betting handle in December reached $478,270,326. That amount included $70,939,973 in free promotional play provided to customers by sportsbooks, which is deducted from the taxable win.

Mobile sportsbooks paid out $395,966,817 in total winnings to players during December. As a result, mobile wagering accounted for $44,791 in contributions to the state.

FanDuel was the mobile leader for handle in December. The sportsbook recorded a handle of $236.2 million.

BetRivers reported the lowest handle for the month coming in at $3.2 million.

Retail Betting

Retail sports betting handle, also known as in-person betting, came in at $18,851,329 for December. That total includes $67,469 in free promotional wagers.

The retail sportsbooks paid out $15,986,035 in total winnings to players for the month. As a result, retail sportsbooks contributed $395,252 to the state.

MGM National Harbor in Oxon Hill was the retail leader for handle in December. The casino recorded a handle of $6.8 million.

Riverboat on the Potomac reported the lowest handle at $84,997.80.

Each sportsbook contributes 15% of its taxable win to the Blueprint for Maryland’s Future Fund, which supports public education programs.

Since the inception of Maryland’s sports wagering program in December 2021, sportsbooks have contributed $6,569,803 to the Blueprint for Maryland’s Future Fund. A total of $1,200,869 has been contributed to the Problem Gambling Fund.

“We expect mobile sportsbook operators to continue to offer a lot of promotional wagers in the coming months as they venture into a new market and work to attract customers,” said Maryland Lottery and Gaming Director John Martin. “There was tremendous pent-up demand, and a lot of people are utilizing promotional offers from multiple operators simultaneously. But as many of the operators have acknowledged, this level of promotional play is not sustainable, and based on our regulations, it will be curtailed over time.”

To check out the current Maryland sportsbook promos, check out BonusFinder US. Additional retail locations and mobile sportsbooks are expected to launch shortly.

author
Political Editor

Keith Stein is a freelance journalist based in Virginia. He has experience in freelance writing, full-time journalism and supporting monthly and weekly news publications. He has also worked as a contributing writer with United Press International.

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