Friday, May 17, 2024 | Baltimore, MD
FOLLOW US:

Maryland Sportsbooks Handle $23M In May, State Receives $452K Contribution

June 13, 2022
Maryland’s five sportsbooks handled more than $23.1 million in bets in April, and paid out more than $20 million to bettors, Maryland Lottery and Gaming announced Friday. Casinos brought in just over $3 million from the April wagers. Following the deduction of promotional plays and other amounts, the state receives a 15% tax on those winnings. That tax totaled $452,897 last month, the agency said. MGM National Harbor took in $6,285,183.25 in wagers and payed out $5,570,705.75 to winners.
Article Source: WJZ-TV

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.