The Lottery and Gaming Control Agency reported the Old Line State took in more than $60.3 million in sports betting tax revenues from July 1, 2023, through June 30, 2024, as part of the state s total gaming tax revenues of $1.585 billion.
Casino gaming contributions to the state were $824 million, lottery profits were $699.6 million, and sports wagering and daily fantasy sports combined to contribute $61.3 million.
In total, this is the second-largest single-year gaming tax revenue transfer to the state, missing the record $1.589 billion figure from the last fiscal year.
Sport Betting Market Expands in FY 2024
This is the first full fiscal year for Maryland online sports betting, as it was only active for seven months in FY 2023. Sports betting tax revenues sup…