Maryland Sports Betting Rises 7.5% During Super Bowl Month

2026-04-30T23:06:55Z

LonaJ016022811: Created page with " The Super Bowl helped spur a 7.5% [https://haderslevwiki.dk/index.php/Bruger:CeciliaGarrity7 year-over-year sports] betting increase in the Old Line State. With the NFL champion Philadelphia Eagles in nearby New Jersey, Maryland Lottery and Gaming reported a $475.7 million handle, the most ever during February and the ninth-highest total since wagering launched in 2022. The 11 online Maryland sports betting operators and 13 retail sportsbooks produced $60..."

The Super Bowl helped spur a 7.5% [https://haderslevwiki.dk/index.php/Bruger:CeciliaGarrity7 year-over-year sports] betting increase in the Old Line State. With the NFL champion Philadelphia Eagles in nearby New Jersey, Maryland Lottery and Gaming reported a $475.7 million handle, the most ever during February and the ninth-highest total since wagering launched in 2022. The 11 online Maryland sports betting operators and 13 retail sportsbooks produced $60 million in gross revenue, a 38% rise from Feb. 2024. [https://twinsinternational.com.et/Twins-Tutor/forums/topic/the-bet9ja-promotion-code-this-2026-is-yohaig/ Profits increased] despite the $18.5 million [https://metazoowiki.com/index.php/User:ElisabethLillibr football handle] [https://childrensheavenhighschool.com/2020/08/04/1751/ leading] to more than $1 million in [https://gxtmoto.bg/journal-blog operator revenue] loss. The 12.6% hold was up from 9.9% the previous year and marked the ninth double-digit win rate in the last 11 months. The state hauled in $6.3 million in taxes from a $43.2 million adjusted income. Monthly drop With only one football game in February, Maryland operators endured a significant month-over-month decrease in action and profit. Handle fell 23% compared to January, which featured the [http://47.100.17.114/douglasdrago00/the-betnaija-promo-code-this-2026-is-yohaig/issues/1 NFL playoffs] and the end of college football's postseason. During February, [https://lustipedia.com/wiki/User:CandraJansen sportsbooks] made $18 million less in gross revenue from the month that produced the third-highest total ever. However, parlays continued to be big business, generating $43.6 million in profit. NBA betting contributed $6.6 million in sportsbook income from a $118.8 million handle. FanDuel’s record high hold [https://code.stephenscity.gov/index.php/User:LonaJ016022811 Online sports] [https://sunsky.net/board/member.php?action=viewpro&member=ScotA85733 betting] accounted for $463.2 million of the total betting amount in February. Mobile operators also handed out $16.2 million in promotional bets and finished the month with $59.2 million in gross revenue. A whopping 16% [https://camkalem.com/blog/classic-watches hold helped] FanDuel lead the way with $32.3 million in [https://musikpedia.id/index.php?title=Pengguna:BernadetteAntoni profits] on a $202.6 million handle. DraftKings took in $143.6 million in wagers and produced $16.4 million in income, nearly $7 million less than January. [http://leatherfashionvalley.com/blog/captain-america-stealth-strike-cosplay-guide BetMGM finished] third with a $40.4 million handle and a hold slightly under 10%. Fanatics Sportsbook was the only other [https://balle-tpm.com/8eme-place-au-po1m/ operator] to surpass $30 million in bets and $3 million in profits for the second [https://dokdo.in/chkleandro5379 consecutive] month. Caesars’ handle dropped by $6 million from the previous month. ESPN BET’s $12.5 million was down over $6 million from the previous month, but revenue only slipped $400,000. Legislation updates It’s been a busy start to the year for in the Maryland General Assembly. A bill to ban sweepstakes gaming in the Old Line State passed through the Senate Budget and Taxation Committee Monday 13-0.

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2026-04-30T23:03:36Z

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Maryland Sports Betting Rises 7.5% During Super Bowl Month

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