September was another good month for Maryland's retail sportsbooks, as the state's seven wagering facilities posted a 17.6% hold for the month, according to data shared Tuesday by the Maryland Lottery. The mark just surpassed last month's 17.2% win rate, which had ranked as the second-highest win rate since retail sportsbooks launched in the state last December.
Maryland's sportsbooks have recorded a statewide hold above 10% in eight of the 10 months since retail sports betting launched. According to the Maryland Lottery, the hold percentage for settled wagers since December 2021 is 11.4%.'
A total of $31.4 million was wagered in September – the first month of the NFL season – at the seven retail betting locations in the state. August's handle was $18.6 million.
Maryland generated $984,308 in tax revenue (the state has a 15% tax rate on sports betting) for the month.'