MGM National Harbor ( BetMGM) ranked second in the state in handle ($8.6 million) and tax revenue created (just under $227,000) in September. The sportsbook had a 24.2% hold for the month, and it generated just over $450,000 worth of tax revenue for the state. Live! Casino and Hotel ( FanDuel) posted the largest handle ($12.7 million) of any of the seven retail sportsbooks in the state in September. Live! Casino and Hotel headlines retail spots Maryland generated $984,308 in tax revenue (the state has a 15% tax rate on sports betting) for the month. According to the Maryland Lottery, the hold percentage for settled wagers since December 2021 is 11.4%.Ī total of $31.4 million was wagered in September - the first month of the NFL season - at the seven retail betting locations in the state. Maryland’s sportsbooks have recorded a statewide hold above 10% in eight of the 10 months since retail sports betting launched. The mark just surpassed last month’s 17.2% win rate, which had ranked as the second-highest win rate since retail sportsbooks launched in the state last December. September was another good month for Maryland’s retail sportsbooks, as the state’s seven wagering facilities posted a 17.6% hold for the month, according to data shared Tuesday by the Maryland Lottery.
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