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Maryland sports wagering revenue rises 21.3% for November

Throughout the monthly period, Maryland bettors generated a total handle of $720.2m, representing an increase of 12.6% from the prior year period.

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Maryland sports wagering revenue grows 21.3% for November
Key Points
Mobile wagering accounted for over $93.9m of the total revenue generated for November, while retail operations produced $1.5m
Operators also managed to contribute just over $19m to the state, equating to an increase of 61.1% year-over-year

Maryland Lottery and Gaming has reported the state's online and retail sports wagering results for November 2025, as operators combined to generate a 21.3% increase in revenue for a total of just over $95.4m.

Online sports betting operations accounted for the vast majority of November revenue, generating $93.3m and increasing 21.5%. Retail sports betting managed to produce an additional $1.5m of revenue for November, representing a 10.5% increase year-over-year.

Throughout the monthly period, Maryland bettors generated a total handle of $720.2m, equating to growth of 12.6%. Online betting accounted for nearly $707.3m of the state's total handle for November, while retail operations generated the remaining $12.9m.

The sports betting revenue reported for November 2025 also equates to a hold percentage of 13.5% for licensed operators, the highest single-month return since the launch of sports wagering in Maryland nearly four years prior.

Operators managed to contribute just over $19m to the state's General Fund, Blueprint for Maryland's Future Fund and Problem Gambling Fund throughout November, representing growth of 61.1% from the prior year period.

Retail operators contribute 15% of all taxable proceeds to the Blueprint for Maryland's Future Fund, while online entities contribute 15% of revenue to the Blueprint Fund and an additional 5% to the General Fund.

Online operations paid out more than $611.5m in winnings to Maryland bettors, equating to an increase of 13.1%, while retail operators paid out nearly $11.4m for a decrease of 32.8%.

Maryland Lottery and Gaming also reported the state's total casino revenue for November on December 6, as the six properties which report to the regulator combined to generate $158.8m for an increase of 0.4%.

Good to know

The Maryland Lottery and Gaming Control Commission issued an official warning to operators on November 20 of conducting prediction market operations or the trading of sporting event contracts

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