Maryland’s first five sports wagering facilities completed their first full month of operations in January 2022 and combined to contribute $644,098 to the Blueprint for Maryland’s Future Fund, which supports public education programs, Maryland Lottery and Gaming announced Thursday. Each sports wagering licensee contributes 15% of its taxable win to the state…
The hold percentage for all wagers placed during January was 13.4%, and for wagers that were settled during January, the hold percentage was 13.97%. Since the inception of the sports wagering program in December 2021, the hold percentage for settled wagers is 10.61%.
MGM National Harbor, Live! Casino, Horseshoe Casino, Ocean Downs Casino and Hollywood Casino began their sportsbook operations during December 2021 with openings occurring from Dec. 9 to Dec. 23.