Maryland’s sports wagering market generated $7,049,747 in contributions to the state during October 2024 from a handle of $593,105,471. Sports wagering is available in Maryland on 11 mobile platforms and at 12 retail locations. The contribution to the state of more than $7 million was a 21.3% increase compared to the October 2023 figure of $5.8 million and was the third-best monthly total since the launch of Maryland’s sports wagering program in December 2021. The October 2024 handle of $593.1 million was the state’s largest single-month total, surpassing the $559.8 million figure in December 2023; and it was up 22.8% compared to the $483.1 million wagered during October 2023. “October is a uniquely busy month on the sports calendar because all of the major pro leagues in the U.S. are in season, along with NCAA football,” said Maryland Lottery and Gaming Director John Martin. “The Baltimore Ravens and Washington Commanders have both looked like Super Bowl contenders, so there’s definitely been extra enthusiasm in the air. We can’t say exactly how much that translated into the strong handle we saw in October, but the success of the local teams captures everyone’s attention, so it was most likely a factor.” Sports […]
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