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October Record Casino, Mobile Sports Betting Books Millions for Education

Summarized by: Live Sports Direct
 
October Record Casino, Mobile Sports Betting Books Millions for Education

October record casino and mobile sports betting revenue for Maryland. The state's six casinos earned $213 million in October.

October record casino, mobile sports betting revenue of $213 million. Of that, $80 million went to the Education Trust Fund. Sports betting made almost $40 million in October.

The contributions to the Education Trust Fund in October 2022 were $58,327,385. This is an increase of $8,287,389 compared to September 2021. Casino gaming revenues also support the communities and jurisdictions where the casinos are located, Maryland’s horse racing industry, and small, minority- and women-owned businesses.

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