News

Maryland sports betting operators produce $35.2m revenue for August, decreases 22.6%

The decrease in sports betting revenue for Maryland operators was reported in spite of the state’s total handle increasing 7.3% year-over-year during August to just over $465.9m.

· 1 min read
Share this article
Follow us on Google
AI Summary
Sign in to listen
Maryland sports betting august 2026
Key Points
Online sports betting activity in Maryland accounted for nearly $34.7m of the August total but decreased 21.5%
Retail wagering produced just $544,916 of revenue for August and fell 59.9%, as well as $7.1m of the state’s total handle

Maryland Lottery and Gaming has reported the state’s total sports betting activity for August 2026, as operators managed to generate $35.2m of revenue during the monthly period, equating to a decrease of 22.6%. 

Online wagering operations accounted for the vast majority of sports betting revenue in Maryland after producing nearly $34.7m for August but still reported a decrease of 21.5% year-over-year. 

Retail sports betting accounted for just $544,916 of the state’s sports betting revenue for August, representing a decrease of 59.9%. 

Despite the fall in sports betting revenue during August, Maryland Lottery and Gaming reported an increase in the state’s total handle, which rose 7.3% from the prior year period to just over $465.9m.

Mobile wagering managed to produce $458.8m of the total handle for August and increased 7.5%, while retail sports betting operations accounted for $7.1m of handle and decreased by 6.2%. 

Maryland Sports Betting Revenue History - 2026

How has the state's sports betting revenue changed throughout the year?

Sports betting operators currently licensed in Maryland submitted just over $7m in tax payments for August. Under state law, 15% of retail and online sports betting revenue is issued to Maryland's Blueprint Fund, while an additional 5% of mobile revenue is contributed to the General Fund. 

Maryland Lottery and Gaming also reported the state’s total casino activity for August 2026 on September 8, as commercial operators combined to generate $160m of revenue from slot machines and table games, representing a decrease of 6%.

MGM National Harbor – despite generating the most revenue of any casino property located in Maryland for August – reported a decrease of 5.1% to $66.5m. The MGM Resorts International property was followed by Live! Casino & Hotel, which produced $56.7m and fell 10.2%.

Good to know

The Maryland Senate Budget and Tax Committee prefiled SB 112 in January, which looks to ban interactive games that ‘utilize multiple currency systems of payment,’ such as sweepstakes casinos

Reaction Board

News Analysis

View All
NBA analysis

Will the NBA’s parlay restrictions actually lead to resolutions?

The league’s authorized sports betting partners were told to restrict parlay wagers and ‘first of’ markets on October 16, such as the winner of the opening tip and players to miss specific shots.

6 min read • • By Kirk Geller
Italy Analysis

The end of Italy's sponsorship loophole? AGCOM takes aim at gambling infotainment deals

Italy’s gambling infotainment partnerships have let betting operators maintain a presence in football despite the country’s advertising ban. Now, AGCOM’s proposed new guidelines could change the game.

5 min read • • By Marieta Lezaic
Pontus Q3 26 Interview

Pontus Lindwall explores Betsson's Q3 profitability and 'unexpected' challenges in Brazil

Betsson CEO Pontus Lindwall speaks exclusively to Global Gaming Insider to discuss Q3 results, B2B challenges, Latin American growth and the company’s cautious approach to Brazil.

4 min read • • By Marieta Lezaic

In The News

View All