Maryland Sports Betting Tax Revenue Increases 48% in Latest Fiscal Year

Maryland's gaming regulator reported a 48.8% increase in sports betting tax revenue for the 2025-26 fiscal year, based on statistics released for June. The state's gaming sector generated a total of $132.3 million in tax revenue during this period, compared to $88.9 million recorded in the previous fiscal year.

Betting Handle and Taxable Wins

The total sports betting handle for June reached $523.3 million. Online platforms accounted for the majority of this volume with $515.4 million, while retail sportsbooks processed $7.96 million. The taxable win for the month totaled $38.2 million, split between $37.9 million from digital operators and $346,040 from physical locations.

Casino Performance in June

Maryland Lottery and Gaming data indicates a slight decline in casino performance for the same month. The state's six casinos generated $156.8 million in revenue, representing a 2.4% decrease compared to June 2025. Consequently, gaming contributions to the state budget fell to $67.9 million, a 0.9% drop year-over-year.

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