(Aug. 17, 2023) The Maryland Lottery and Gaming Control Agency helped to generate nearly $1.6 billion in contributions to the state during Fiscal Year 2023 from lottery ticket sales, the state’s six casinos, sports wagering and daily fantasy sports.
According to a news release, from July 1, 2022 through June 30, 2023, the combined contribution to the state included $848.1 million from casinos; $714.3 million from the lottery; $25.3 million from sports wagering; and $1.2 million from daily fantasy sports. Maryland Lottery and Gaming is the state’s fourth-largest source of revenue after income, sales and corporate taxes.
“The Maryland Lottery launched in 1973 with the mission to generate revenue for the state’s good causes,” Maryland Lottery and Gaming Director John Martin said in the release. “As we’ve been celebrating our 50th anniversary this year, we’ve also been navigating a gaming landscape that is continually evolving, most recently with the addition of sports wagering. But as we adapt to new responsibilities, we’re always mindful of that core mission, and we’re proud to do our part.”
https://www.oceancitytoday.com/business/business_stories/lottery-casinos-etc-issue-nearly-1-6-billion-to-state/article_fb2913ca-3d34-11ee-99b6-0318880ade76.html