According to Maryland’s sports wagering program, Maryland’s sports wagering market had its fifth-best single-month performance in May 2025, generating $7,746,363 in contributions to the state.
Sports bettors in Maryland wagered $504,448,190 during May 2025 and won back $438,138,277 in prizes. Sportsbook operators held 13.1% of the handle. Operators paid 15% of their taxable proceeds to the Blueprint for Maryland’s Future Fund. The state had 11 mobile sports wagering platforms and 12 retail sportsbook locations that operated during May.
A detailed summary of the May 2025 results for each sportsbook, 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 included in the attached chart and available for download at
mdgaming.com
.
Here are the statewide totals for May 2025:
Handle (Amount players wagered, including free promotional wagers)
· Retail: $10,258,570 (includes $29,050 in deductible free promotional wagers)
· Mobile: $494,189,620 (includes $12,990,814 in deductible free promotional wagers)
· Combined: $504,448,190
Prizes (Winnings paid to players)
· Retail: $8,708,643
· Mobile: $429,429,635
· Combined: $438,138,277
Hold (Handle less prizes paid)
· Retail: $1,549,928 (15.1%)
· Mobile: $64,759,985 (13.1%)
· Combined: $66,309,912 (13.1%)
Taxable Win (Amount remaining after deducting prizes, promotional wagers and other amounts)
· Retail: $1,076,165
· Mobile: $50,566,255
· Combined: $51,642,420
Sports Wagering Tax (15% of the Taxable Win)
· Retail: $161,425
· Mobile: $7,584,938
· Combined: $7,746,363
Since the inception of Maryland’s sports wagering program in December 2021:
· Cumulative contribution to the Blueprint for Maryland’s Future Fund: $168,150,051
· Cumulative expired prizes contributed to the Problem Gambling Fund: $4,265,333″
