Mobile Maryland Sportsbooks Collect $186M in Handle Over First Nine Days

Maryland sports betting report produced some interesting numbers. More than $180 million in mobile handle was generated. However, the tax collections were disappointing. Online sports gambling in newly launching jurisdictions usually features generous bonuses and promotions for new customers.

Maryland sportsbooks collected $186 million in the first nine days of mobile sports betting. Almost $64 million of that was in promotional wagers. The official launch of the mobile wagering in Maryland was on November 23.

Mobile Maryland Sportsbooks Collect $186M in Handle Over First Nine Days. Retail Sportsbook In Operation For About a Year. Total handle was up 452.3% from October. November overall sports betting revenue (taxable win) was minus $33.6M. Mobile wagering accounted for just $4,262 in contributions to the state in its early days.

Mobile Maryland Sportsbooks Collect $186M in Handle Over First Nine Days. November's sports betting revenue (taxable win) was minus $33.6 million. The November handle was about $39.66 million, down 16.8% from October. The October's taxable win of $5.2 million was all from retail. In November, the exact state tax from all sports bets was $704,728, which is down 9. 8% on October ($781,642).

Mobile Maryland Sportsbooks Collect $186M in Handle Over First Nine Days. Live! Casino Mobile collected $89,945,687. MGM National Harbor collected almost $9,721,997. Horseshoe Casino Baltimore collected nearly $4,962,248. Ocean Downs Casino (Berlin) collected over $2.2M.