Zobrazení zdroje stránky Maryland Sports Betting Operators Enjoy Strong January

<br>The first month of 2025 fits right in with that trend.<br><br><br>Maryland Lottery and Gaming reported a monthly handle of $618.8 million and the third-highest gross [https://metazoowiki.com/index.php/User:KariLawler0860 revenue recorded] in the Old Line State since online wagering began in November 2022.<br><br><br>The $82.1 million produced by operators ranks only behind December 2022 and November 2024. [https://ubytovani-trombly.cz/2022/09/14/ahoj-vsichni/ Revenue] was also up 2.6% year-over-year and a massive 79.9% increase from December 2024. Adjusted revenue of $55 million was the fourth-most recorded in Maryland.<br><br><br>The NFL playoffs and the end of college football’s postseason sparked a 13.6% year-over-year rise in handle, which cleared $600 million for the third consecutive month.<br><br><br>Maryland sports betting operators enjoyed a 13.3% hold, the highest since posting a 14.7% win rate in January 2024 and up over six points from December 2024. Seven of the state’s 11 legal online sports betting operators generated [https://transcrire.histolab.fr/wiki/index.php?title=Utilisateur:LorenzaZiegler6 double-digit] holds.<br><br><br>Online and [https://wiki.learning4you.org/index.php?title=User:FrankieVallery retail sportsbooks] sent $8.2 million in taxes to the Blueprint for Maryland’s Future Fund, which supports education, and the Problem Gambling Fund.<br><br><br>NFL turns impressive hold<br><br><br>The last full month of football betting led to more than $100 million in wagers. The NFL accounted for $87.6 million, and an [http://norkeer.com/index.php?route=journal3/blog/post&journal_blog_post_id=10 impressive] 9.7% hold led to more than $8.5 million in  from that sport alone.<br><br><br>College football generated a $14.7 million handle but cost operators nearly $940,000 in January. Football helped the parlay handle reach $236.2 million, and with a 24.7% hold on multi-leg bets, [https://dev01.open-alt.com/melisagilmer7 sportsbooks earned] $58.4 million.<br><br><br>The [https://chenxil.top/juliana78a9296 NBA led] all sports with a handle of $122 million, and a 6.2% hold led to nearly $7.6 million in revenue. College basketball’s win rate of 5.3% on a $40.5% handle produced another $2.1 million in [https://git.scinalytics.com/nganhopper8738/the-bet9ja-promotion-code-for-2026-is-yohaig/wiki/The-Bet9ja-promotion-code-this-2026-is-YOHAIG operator] profit.<br><br><br>January also brought us the first [http://326.da.to/xe/Memo_hk/264733 tennis Grand] Slam tournament of the year with the Australian Open. The sport generated $31.2 million in wagers with another $15.9 million bet on soccer. Other sports, which don’t include golf, hockey, or racing, attracted $54.5 million in bets.<br> <br><br>Month-over-month growth<br><br><br>Online sports betting accounted for $601.3 million wagered in Maryland during January and $80.6 million in gross revenue. [https://animeautochess.com/index.php/User:ArleenWeisz165 Mobile sportsbooks] spent more than $25 million in promotions for the month.<br><br><br>FanDuel led all operators with a handle of $278.5 million, down slightly from December 2024’s $285.3 million. Behind a whopping 15.3% hold, gross revenue spiked 68% [https://gratisafhalen.be/author/ismaelhayma/ month-over-month] to $42.7 million in January.<br><br><br>[https://git.jiankanghao.net/alissai742238 DraftKings finished] second with a $178.9 million handle and enjoyed a 13% hold to produce $23.3 million, nearly double December’s revenue.<br><br><br>BetMGM was the only other online sportsbook to reach $50 million in wagers, and an 11.5% [https://www.mnemosome.org/index.php/User:CurtPitcairn2 hold led] to $5.9 million, up from December’s $3.3 million. Fanatics Sportsbook’s double-digit hold on a $33.4 million handle [https://www.89g89.com/index.php?page=user&action=pub_profile&id=120818&item_type=active&per_page=16 produced] a 50% month-over-month revenue increase.<br><br><br>Caesars finished in the top five with a $29.4 million handle but only produced a 7.4% [http://www.umzumz.com/ovuamie794534/the-bet-9ja-promo-code-this-2026-is-yohaig/wiki/The-Bet9ja-promo-code-2026-is-YOHAIG win rate] while ESPN BET cleared over $1.5 million on a 9% hold.<br><br><br>[https://www.atmasangeet.com/gonzalokessler iGaming] push<br><br><br>A Maryland lawmaker is once again attempting to bring [https://conspiracytheoristdating.com/@francis339247 iGaming] to the Old Line State. However, [https://hercle.wiki/wiki/%E5%88%A9%E7%94%A8%E8%80%85:XEHRuben1915725 delegate Vanessa] Atterbeary’s House Bill 0017 has not gained any [http://www.annunciogratis.net/author/berylgillia traction] so far. The House’s Ways and Means Committee heard her bill for a second time on Monday but took no action.<br> <br><br>Atterbeary filed the bill last month in hopes of generating millions of dollars more for Maryland’s [https://www.bobblejesus.com/2017/05/02/20150805_125010-1/ education fund]. A bill last year made it past the House and died in the Senate. This year, Atterbeary removed allowing the use of credit cards to fund accounts, and she said Monday that online casinos could be legalized without a constitutional amendment, which requires voters to pass it on a ballot.<br><br><br>The bill must be passed by the House before March 17’s cross-over-day. The legislative session ends April 7.<br>