Maryland Sets State Sports Betting Record in November
- Maryland reported $550.7 million in sports betting handle for the month of November
- The sports betting handle total was the highest the state has ever recorded
- Maryland Lottery and Gaming reported $3.1 million in sports betting tax revenue for the month
Maryland sports betting broke its own monthly record in November, and it’s not out of the realm of possibility that it could have another record-setting month in December.
Maryland Lottery and Gaming reported a total sports betting handle of $550,716,329, its largest single-month total since December 2022.
Online sports betting accounted for nearly 97% of the state’s total handle.
Record Setting Month
Maryland sports betting broke its previous monthly high that was set last year. The state’s previous record was $497.1 million in December 2022. As football continues to march towards the playoffs, it’s a good bet that we’ll see another record setting month in December 2023.
This comes just one month after the state reported its most profitable month ever, as Maryland Lottery and Gaming noted the state took in $5,812,245 in sports betting tax revenue in October.
ESPN BET also made its debut in the state this month, launching in full on Nov. 14. The operator totaled $33.3 million in online sports betting handle as it split the month as ESPN BET and Barstool Sportsbook. December will be ESPN BET’s first full month of operation in the state.
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Maryland’s sports wagering market launched with five retail locations in December 2021. The first seven mobile sportsbooks launched in November 2022. As of the end of November 2023, there were 13 retail locations and 12 mobile operators. Additional retail sportsbooks and online sportsbooks are expected to launch in the near future, according to Maryland Lottery and Gaming.
Here are the November handle and taxable win totals for online sports betting:
- BetMGM: $35,979,048 handle. $1,115,828 taxable win.
- BetRivers: $5,170,104 handle. $2,693 taxable win.
- Caesars Sportsbook: $25,502,078 handle. $191,645 taxable win.
- Crab Sports: $761,684 handle. $17,700 taxable win.
- DraftKings: $165,857,068 handle. $7,335,201taxable win.
- Parx Interactive: $877,283 handle. $19,520 taxable win.
- ESPN BET: $33,309,326 handle. $0 taxable win.
- FanDuel: $241,690,679 handle. $19,508,264 taxable win.
- BetFred: $1,171,452 handle. $0 taxable win.
- Fanatics Sportsbook: $19,015,115 handle. $0 taxable win.
- PointsBet: $3,386,601 handle. $61,765 taxable win.
- SuperBook: $556,342 handle. $0 taxable win.
13 Retail Sports Betting Locations Open in State
The Green Turtle in Townson became the 13th sportsbook location to open in Maryland in late September. The sportsbook location opened on Friday, Sept. 29 after the sportsbook completed controlled demonstrations on Sept. 25 and Sept. 27. Customers participated in live sports betting as Maryland Lottery and Gaming representatives ensure the sportsbook complied with all required procedures and that its systems functioned properly.
No new locations opened in October.
Here are the open 13 retail sportsbooks in the state:
- Bingo World in Brooklyn Park
- Greenmount Station in Hampstead
- The Greene Turtle in Canton
- Hollywood Casino in Perryville
- Horseshoe Casino in Baltimore
- Live! Casino in Hanover
- Long Shot’s in Frederick
- FedEx Field in Landover
- MGM National Harbor in Oxon Hill
- Ocean Downs Casino in Berlin
- Riverboat on the Potomac in Charles County
- Sports & Social in North Bethesda
Rob covers all regulatory developments in online gambling. He specializes in US sports betting news along with casino regulation news as one of the most trusted sources in the country.
