Maryland sportsbooks handle $263M in August, $2.6M goes to state

Your Monday morning news roundup: September 11, 2023

BALTIMORE -- Sports wagering in Maryland contributed $2.6 million to the state's coffers in August, the Maryland Lottery and Gaming Commission said Monday. 

The state's 12 retail and 12 mobile sportsbooks handled $263.7 million in wagers last month, with mobile sportsbooks doing the heavy lifting at $250 million, or 94.9% of the total. 

Of that handle, sportsbooks paid out $238 million in prizes. Each sportsbook contributes 15% of its taxable win to the Blueprint for Maryland's Future Fund, which supports public education programs.

Mobile wagering delivered $2.5 million in contributions to the state last month, while retail sportsbooks contributed $97,962.

Maryland's sports wagering program has contributed $34 million to the Blueprint for Maryland's Future Fund since its inception in December 2021, officials said, along with $2,517,180 to the Problem Gambling Fund. 

More retail locations and mobile sportsbooks are expected to launch in the near future, the commission said.   

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