Maryland Gov. Wes Moore has been pushing to raise online sports betting taxes, but lawmakers are trying to push a compromise for the final state budget.
Moore has advocated for a significant increase in the state’s sports betting tax. In January, in the early draft version of his proposed budget, he signaled his intent to double the tax rate from 15% to 30% to help reduce a $2.7 billion state budget gap.
But, on Thursday at a House Ways and Means Committee session, lawmakers trimmed that back. The budget framework approved in the legislature and announced by Moore on Thursday contains a more modest rise to 20%.
The committee voted 13-5 to approve an amended version of HB 352, titled the Budget Reconciliation and Financing Act of 2025. That contains an amended new online sports betting tax rate of 20%.
https://sbcamericas.com/2025/03/21/maryland-trims-back-proposed-tax-hike/