Sports wagering handle for the month totaled more than $19.1 million

(Baltimore) — Maryland’s five sports wagering facilities combined to contribute $189,323 during June 2022 to the Blueprint for Maryland’s Future Fund, which supports public education programs. Each sports wagering licensee contributes 15% of its taxable win to the state.

Details on each facility’s handle, hold percentage, taxable win, prizes, promotional play and contribution to the state are included in the attached chart and available at mdgaming.com.

Here are the statewide sports wagering totals for June 2022:

Handle (Amount players wagered, including promotional wagers provided to players by sportsbooks):

$19,121,331

Prizes (Winnings paid to players):

$17,811,497

Hold (Handle less prizes paid):

$1,309,834 (6.9%)

Taxable Win (Amount remaining after paying winners and deducting promotional play and other amounts):

$1,262,156

Sports Wagering Tax (15% of the taxable win):

$189,323

The hold percentage for all wagers settled during June was 9.23%. Since the inception of the sports wagering program in December 2021, the hold percentage for settled wagers is 9.98%. Through the first seven months of operation, sports wagering has contributed $2,883,065 to the Blueprint for Maryland’s Future Fund.

MGM National Harbor, Live! Casino, Horseshoe Casino, Ocean Downs Casino and Hollywood Casino began their sportsbook operations during December 2021 with openings occurring from Dec. 9 to Dec. 23. Additional facilities are expected to open in the near future.

Maryland Lottery and Gaming operates the Maryland Lottery and is responsible for regulatory oversight of the state’s casinos and sports wagering program. In this role, the agency provides direction and guidance to its casino and sports wagering partners on financial, security, regulatory and licensing procedures. To keep Marylanders informed and to maintain transparency of casino and sports wagering operations, monthly financial reports are posted on mdgaming.com. Maryland Lottery and Gaming reminds players to play responsibly and within their budget; resources are available at mdgamblinghelp.org or by calling 1-800-GAMBLER.

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Carole Bober Gentry

Managing Director, Communications

Maryland Lottery and Gaming

1800 Washington Blvd., Suite 330

Baltimore, MD 21230

This email address is being protected from spambots. You need JavaScript enabled to view it.

(410) 230-8725

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Maryland Lottery and Gaming contributed $1.391 billion to the State of Maryland in FY2021. Please play responsibly.