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    Home Maryland Sports Betting Revenue Hits Record $13.4 Million in September 2025
    Business Desk
    Business English International

    Maryland Sports Betting Revenue Hits Record $13.4 Million in September 2025

    Business DeskEbrahim HossenOctober 12, 20253 Mins Read
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    Maryland’s sports betting market delivered a massive financial boost to the state in September 2025. Official figures confirm a record-breaking contribution of $13.47 million. This revenue supports vital public services, including education. The surge was driven by nearly $651 million in total wagers placed by bettors across the state.

    Maryland sports betting revenue

    According to data from the Maryland Lottery and Gaming Control Agency, this performance marks a significant period for the industry. The strong results highlight the growing maturity of the legal sports wagering market since its launch.

    Mobile Betting Dominates Maryland’s Record Haul

    The record state contribution was powered overwhelmingly by mobile platforms. Bettors placed $636.7 million in wagers through their phones and computers. Retail locations, like casinos and physical sportsbooks, handled $14.3 million.

       

    Mobile operators held 11.1% of the total amount wagered. This resulted in a taxable win of over $65.7 million. The state’s tax structure on mobile betting is higher than for retail, maximizing the public benefit.

    Educational Funding Receives Major Boost

    The financial impact on state programs is substantial. The Blueprint for Maryland’s Future Fund, dedicated to public education, received over $10.1 million. An additional $3.29 million from mobile betting taxes went to the state’s General Fund.

    This injection of funds provides critical support for schools and other public services. The consistent growth in betting revenue establishes it as a reliable new source of state income. The long-term benefits for Maryland communities are becoming increasingly clear.

    The record-breaking Maryland sports betting revenue for September 2025 underscores the market’s robust health and its significant role in funding essential state initiatives.

    Info at your fingertips

    Where does Maryland’s sports betting tax money go?

    Most tax revenue supports the Blueprint for Maryland’s Future Fund for public education. Mobile betting taxes also contribute a portion to the state’s General Fund for other services.

    How much was bet in Maryland during September 2025?

    The total handle was $650.97 million. The vast majority, $636.67 million, was wagered through mobile apps and online platforms.

    What was the sportsbooks’ hold percentage?

    The combined hold percentage for September was 11.2%. This means operators kept $73.06 million in revenue after paying out player winnings.

    How does this compare to previous months?

    This $13.47 million state contribution is a record-high for the Maryland market. It demonstrates significant growth from earlier periods.

    What is the cumulative impact on education funding?

    Since the program’s start, sports betting has contributed nearly $200 million specifically to the Blueprint for Maryland’s Future Fund.

     


    iNews covers the latest and most impactful stories across entertainment, business, sports, politics, and technology, from AI breakthroughs to major global developments. Stay updated with the trends shaping our world. For news tips, editorial feedback, or professional inquiries, please email us at [email protected].

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    $13.4 2025 betting business education funding english hits international maryland Maryland gambling Maryland sports betting million mobile betting record revenue september: sports sports wagering revenue state tax revenue
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