Sports wagering contributes $4.4 million to state of Maryland during March

BALTIMORE, MD—Maryland’s sports wagering market generated $4,419,403 in contributions to the state during March 2025. Through the first nine months of Fiscal Year 2025 (July 2024 through March 2025), sports wagering has contributed $65,590,694 to the state compared to $41,905,251 for the same period in FY2024. The state’s share of sports wagering proceeds is directed to the Blueprint for Maryland’s […]

Maryland Lottery and Gaming directs commodity traders to halt sports event contracts

BALTIMORE, MD—The Maryland Lottery and Gaming Control Commission on Monday issued letters to commodity trading businesses KalshiEX, LLC (Kalshi), Robinhood Derivatives, LLC (Robinhood) and North American Derivatives Exchange, Inc. (doing business as Crypto.com), directing them to stop offering sports event contracts in Maryland. Maryland Lottery and Gaming informed the three companies that the sports event prediction markets they offer via […]

Maryland AG warns of betting scams as March Madness heats up

BALTIMORE, MD—With March Madness gripping the nation, Maryland’s Attorney General’s Office issued a consumer alert this week, urging basketball fans to steer clear of illegal betting scams and aggressive marketing schemes during the NCAA tournament season. The guidance, released as betting activity surges, highlights the risks of unregulated online gambling platforms, including fraud and identity theft. Attorney General Anthony Brown’s […]

Sports wagering contributes $6.3 million to state of Maryland during February

BALTIMORE, MD—Maryland’s sports wagering market completed its ninth-best month in February 2025, generating $6,350,174 in contributions to the state. Through the first eight months of FY2025 (July 2024 through February 2025), sports wagering has contributed $61,171,291 to the state compared to $37,051,266 for the same period in FY2024. The total of nearly $61.2 million in state contributions through eight months […]

Attorney General warns of Super Bowl scams, fraud

BALTIMORE, MD—Super Bowl LIX is almost here, but scammers have been working all year-long to come up with new ways to take advantage of unsuspecting fans. Attorney General Anthony G. Brown is warning consumers to be vigilant against fraud related to betting, tickets or prizes, streaming services, and even merchandise. Common Super Bowl Scams: Online Betting Scams: Illegal betting websites […]

Sports wagering contributes $6.5 million to state of Maryland during December

BALTIMORE, MD—Maryland’s sports wagering market completed the first half of Fiscal Year 2025 by generating $6,510,765 in contributions to the state during December 2024. Through the first six months of FY2025 (July 2024 through December 2024), sports wagering has contributed $46,576,505 to the state compared to $24,593,908 for the same period in FY2024. Contributions to the state from sports wagering […]

Sports wagering contributes $11.8 million to state of Maryland during November

BALTIMORE, MD—Maryland’s sports wagering market generated $11,798,035 in contributions to the state during November 2024, the largest single-month total the program has produced since its launch in December 2021. Sports wagering contributions to the state are directed to the Blueprint for Maryland’s Future Fund, which supports public education programs. The largest previous single-month contribution was $9.4 million in September 2024. […]

Sports wagering contributes $7 million to state of Maryland during October

BALTIMORE, MD—Maryland’s sports wagering market generated $7,049,747 in contributions to the state during October 2024 from a handle of $593,105,471. Sports wagering is available in Maryland on 11 mobile platforms and at 12 retail locations. The contribution to the state of more than $7 million was a 21.3% increase compared to the October 2023 figure of $5.8 million and was […]