Maryland April Revenue
Maryland’s mobile and retail sportsbooks accepted $513.72 million in wagers during April 2025, the highest April total since the state’s full online launch in 2022 and about 6% more than the same month last year. Yet a lighter promotional slate and a bettor-friendly start to the MLB season squeezed the statewide hold to 11.5%, pushing gross gaming revenue (GGR) down 16% year-on-year (YoY) to $42.40 million. Even so, the 15% tax on adjusted revenue delivered $6.36 million to the state, up nearly 12% thanks to the sturdier hold and steady volume.
April Was a Big Betting Month in Maryland
| Year | Handle | GGR | Hold | Taxes |
|---|---|---|---|---|
| 2022 | $26.91m | $2.84m | 10.5% | $0.42m |
| 2023 | $328.45m | $35.64m | 10.9% | $3.86m |
| 2024 | $486.32m | $50.42m | 10.4% | $5.69m |
| 2025 | $513.72m | $42.40m | 11.5% | $6.36m |
YoY: Handle + 5.6% | GGR – 15.9% | Taxes + 11.8% | Verified Maryland Lottery and Gaming Commission data.
How Maryland Compares with a Like-Sized Market
Why Indiana?
Both states serve about six-plus million residents, each fielding 11 legal online sportsbooks. Both levy a dedicated sports-betting tax, though at very different rates.
| April 2025 | Maryland | Indiana |
|---|---|---|
| Population (est.) | 6.0M | 6.9M |
| Online books | 11 | 11 |
| Handle | $513.72m | $437.10m |
| GGR | $42.40m | $40.17m |
| Hold % | 11.5% | 9.19% |
| Tax rate | 15% of AGR | 9.5% of AGR |
| State tax (Apr) | $6.36m | $3.82m |
Where the Money Goes
- 87.5% of sports-betting taxes feed the Blueprint for Maryland’s Future Fund, underwriting K-12 initiatives.
- 2.5% supports responsible-gambling grants; the rest covers Lottery & Gaming oversight costs.
April’s $6.36 million transfer means roughly $5.4 million headed straight to classrooms and student programs.
How Maryland Got Here
Voters backed sports wagering in the November 2020 referendum. Lawmakers followed with HB 940 in 2021, leading to retail sportsbooks in December 2021 and a full mobile launch on 23 November 2022. The roster has expanded to eleven brands—Bally Bet, BetMGM, betPARX, BetRivers, Caesars, Crab Sports, DraftKings, ESPN BET, Fanatics, FanDuel, and LetsBetMD—pushing lifetime handle well past the $5-billion mark. Regulators credit steady app rollouts and competitive pricing for April’s new handle high, while cautioning that win-rate swings will keep monthly taxes volatile as the market matures.
Marylanders can reach free, confidential help 24/7 at 1-800-GAMBLER, or the Maryland Council on Problem Gambling at 443-292-2809
Industry News Experts
Sergey has been in sports journalism since 2007 as a reporter, editor, and manager. He has covered the Olympic Games, soccer World Cups, the World Cup of Hockey in 2016, the European championships, the Stanley Cup Finals, IOC events, and many others. Sergey interviewed the sport's greatest athletes, coaches, and executives. Since 2016, he has been an Independent Senior Editor of NHL.com/ru.