Sports betting in Maryland yields $35.6M GGR in April, nearly all from mobile bets

Thursday, May 11, 2023 8:55 PM
Photo: Shutterstock
  • Chris Altruda, Sports Handle

Maryland Lottery and Gaming reported Wednesday that April brought operators more than $35.6 million in gross sports wagering revenue, with the bulk of it coming from FanDuel‘s mobile book.

The U.S. industry leader claimed over $21.2 million in gross revenue, making it 5-for-5 surpassing $20 million in full months of mobile wagering in the Old Line State. FanDuel had a strong 14.1% hold on $150.8 million handle and has posted a win rate of 12% or better every month since the first online wagers were taken last November.

FanDuel’s typically robust performance contributed to a statewide hold of just under 10.9%, though Maryland‘s 10 retail books were kept in check by the betting public.