Gambling Archives - Page 3 of 5

Sports wagering sets new benchmark, contributes $5.8 million to State of Maryland during October

Posted on November 14, 2023 by Chris Montcalmo

BALTIMORE, MD—Maryland’s sports wagering market had the best month in its history in October 2023, with the 13 retail and 12 mobile sportsbooks combining to generate $5,812,245 in contributions to the state. Each sportsbook pays 15% of its taxable win to the Blueprint for Maryland’s Future Fund, which supports public education programs. Statewide handle in October totaled $483,147,391, with mobile […]

Sports wagering contributes $3.2 million to State of Maryland during September

Posted on October 11, 2023 by Chris Montcalmo

BALTIMORE, MD—Maryland’s 13 retail and 12 mobile sportsbooks that operated during September 2023 combined to generate $3,231,427 in contributions to the state. Each sportsbook contributes 15% of its taxable win to the Blueprint for Maryland’s Future Fund, which supports public education programs. Statewide handle in September totaled $442,450,666, with mobile handle accounting for 95.1% of the total at $420,957,789. Mobile […]

Sports wagering contributes $2.6 million to State of Maryland during August

Posted on September 12, 2023 by Chris Montcalmo

BALTIMORE, MD—Maryland’s 12 retail and 12 mobile sportsbooks that operated during August 2023 combined to generate $2,555,671 in contributions to the state. Each sportsbook contributes 15% of its taxable win to the Blueprint for Maryland’s Future Fund, which supports public education programs. Statewide handle in August totaled $263,729,559, with mobile handle accounting for 94.9% of the total at $250,360,244. Mobile […]

Sports wagering contributes $3.3 million to State of Maryland during July

Posted on August 11, 2023 by Chris Montcalmo

BALTIMORE, MD—Maryland’s 10 retail and 11 mobile sportsbooks that operated during July 2023 combined to generate $3,312,633 in contributions to the state. Each sportsbook contributes 15% of its taxable win to the Blueprint for Maryland’s Future Fund, which supports public education programs. Statewide handle in July totaled $247,412,348, with mobile handle accounting for 96% of the total at $237,525,908. Mobile […]

Crab Sports launches mobile sports wagering operations in Maryland

Posted on July 14, 2023 by Chris Montcalmo

BALTIMORE, MD—The Maryland Lottery and Gaming Control Commission this week issued a mobile sports wagering license to Crab Sports, Inc. and its operator partner, iGaming Cloud, Inc. On July 10, Crab Sports successfully completed a controlled demonstration of its online sports wagering platform, available at crabsports.com. Customers participated in live wagering as Maryland Lottery and Gaming staff ensured that Crab […]

Sports wagering contributes $2.8 million to State of Maryland during June

Posted on July 11, 2023 by Chris Montcalmo

BALTIMORE, MD—Maryland’s 10 retail and 10 mobile sportsbooks combined to generate $2,835,051 in contributions to the state during June 2023. Each sportsbook contributes 15% of its taxable win to the Blueprint for Maryland’s Future Fund, which supports public education programs. Statewide handle in June totaled $254,476,790, with mobile handle accounting for 95.8% of the total at $243,817,173. Mobile wagering delivered […]

Sports wagering contributes $4.6 million to the State of Maryland during May

Posted on June 13, 2023 by Chris Montcalmo

BALTIMORE, MD—Maryland’s 10 retail and 10 mobile sportsbooks combined to generate $4,650,711 in contributions to the state during May 2023, the second-best single-month total to date. Each sportsbook contributes 15% of its taxable win to the Blueprint for Maryland’s Future Fund, which supports public education programs. Statewide handle in May totaled $320,199,671, with mobile handle accounting for 95.3% of the […]

Attorney General: Marylanders should be wary of deceptive online sports betting companies and scams

Posted on May 19, 2023 by Chris Montcalmo

BALTIMORE, MD—Maryland Attorney General Anthony G. Brown on Friday issued a consumer alert urging Marylanders to always be aware of deceptive online sports betting companies, especially in advance of large-scale popular events like the 2023 Preakness. Companies in Maryland’s online sports betting industry, which also operate through mobile apps, have enticed bettors with aggressive marketing, such as so-called “risk-free” bets. […]

Tag: Gambling