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The sports betting sector in Maryland continues to grow steadily, with online wagering leading the way in April 2025. The latest figures from Maryland Lottery and Gaming show a solid rise in handle, revenue, and tax contributions, with mobile platforms making up nearly the entire betting volume.
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Bettors across Maryland placed $513.7 million in wagers during April 2025, most of it through mobile platforms. Of that amount, $501.4 million came from online betting alone, showing how dominant digital platforms have become in the state’s wagering landscape.
Retail sportsbooks, in contrast, only brought in $12.3 million in handle for the month and generated just $355,600 in revenue. That compares to over $58.8 million in revenue from online platforms, confirming that mobile continues to lead.
Combined revenue from sports betting operators reached $59.2 million for the month. With players collecting $454.5 million in prizes, operators kept about 11.5% of the total wagers as hold. That percentage is in line with industry norms.
The state continues to benefit as well. Maryland Lottery and Gaming reported that $6.4 million was contributed to the Blueprint for Maryland’s Future Fund in April, marking an 11.8% year-over-year increase. Since the fund began in December 2021, it has collected over $160.4 million in total.
From July 2024 through April 2025—the first 10 months of the fiscal year—sports wagering handle across Maryland reached $5.3 billion. That represents a 16.5% increase compared to the same period last year. Taxable win for operators now sits at nearly $479.7 million, and state contributions for FY2025 have jumped 49.9% year-over-year to $71.4 million.
In a separate move in April, Maryland Lottery and Gaming Control Commission took action against three entities: KalshiEX (Kalshi), Robinhood Derivatives, and North American Derivatives. On April 7, each received a cease-and-desist letter, instructing them to stop offering sports event-based contracts.