Maryland March Madness Trumps Super Bowl Sports Betting Revenues

Maryland, but its sports betting program is still moving along well.

Lottery and Gaming reported its March numbers, noting the state took in more than $4.8 million in sports betting tax revenue and saw $536.7 million in handle for the month.

The $4.8 million in sports betting tax revenue was an 8.6% decrease from Maryland s March 2023 total. During the first nine months of fiscal year 2024 (July 2023 through March 2024), sports wagering has contributed $41.9 million to the Blueprint for Maryland s Future Fund.

March Madness Trumps Super Bowl

The March Maryland sports betting totals outperformed February s numbers, which included the Super Bowl.  Maryland Lottery and Gaming reported $536.7 million in sports betting handle and $4.8 million in tax revenue, trumpi…