Maryland Sports Betting Hits $532 Million in September
Maryland sports betting has reached a new high, with a $532 million bet in September 2024. The NFL season got underway and the Washington Commanders, the local NFL team, was a big contributor to the action. That generated $9.3 million in tax revenue for the state, up from $3.2 million in September 2023.
All-Time High
September 2024 was the biggest month in Maryland sports betting history, according to Maryland Lottery and Gaming Director John Martin. That beat all previous records and shows how fast the industry is growing. The tax revenue in September was almost triple September 2023.
The Washington Commanders’ performance helped drive the increase. Martin said the team’s success and fan engagement have been key to the industry’s growth. Local NFL season has helped Maryland sports betting reach new heights.
More Options to Bet
More options to bet have also helped. Marylanders now have more sports and events to bet on, including pro leagues, college sports, and international events. That’s more to bet on and more to fuel the state’s sports betting industry.
The previous record was in January 2024 at $8.2 million in tax revenue. September 2024 has beaten that. NFL season is in full swing and new options are emerging.
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