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Another Good Month for Sports Book Revenue

July 12th, 2024 by WCBC Radio

Maryland’s sports wagering market had its fifth best single-month total in June, more than doubling its contribution to the state in tax revenue from last year. 

Bettors wagered a combined $385 million dollars through retail outlets and mobile apps. Tax revenues from sports books go to the Blueprint for Maryland’s Future Fund and June saw a deposit in that fund of over $5 million dollars. Winning prizes paid out in June totaled $345 million.