Maryland sportsbooks handle $26.9M in April; state receives $415K

Maryland sportsbooks handle $26.9M in April; state receives $415K

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  • WJZ-TV,
May 10, 2022 11:05 PM

Maryland’s five sportsbooks handled more than $26.9 million in bets in April, and paid out more than $24 million to bettors, Maryland Lottery and Gaming announced Tuesday.

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Casinos brought in $2.7 million from the April wagers. Following the deduction of promotional plays and other amounts, the state receives a 15% tax on those winnings. That tax totaled $415,801 last month, the agency said.

MGM National Harbor took in $7,311,057.15 in wagers and paying out $6,805,940.40 to winners. Live Casino! & Hotel saw the most action, with $13.3 million in bets placed. Winning tickets brought back $11.7 million to the bettors. Horseshoe Casino brought in $3.8 million wagered, and paid out $3.3 million.