Maryland Sports Betting Sees Nearly 50% Tax Revenue Increase in FY 2025
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2 Articles
Top 7 Trends Shaping the Future of the U.S. Gambling Industry in 2025
Introduction 2024 was the fourth consecutive record‑breaking year for U.S. commercial gaming, with revenue soaring to $71.92 billion according to the American Gaming Association. Momentum has carried into 2025, powered by fresh state launches, digital wallets and mobile‑first sports fans. Yet rapid growth brings sharper regulatory focus and more sophisticated fraud. Drawing on Shufti analytics and the latest federal and state developments, we un…
Maryland Sports Betting Sees Nearly 50% Tax Revenue Increase in FY 2025
Maryland’s sports betting market brought in more than $88 million in tax revenues in fiscal year 2025 Compared with the previous fiscal year, Maryland’s sports betting tax revenues increased by nearly 50% Maryland sports betting customers wagered more than $6.2 billion this past fiscal year Maryland’s sports betting market experienced year-over-year growth in both handle and tax revenues for fiscal year 2025, according to Maryland Lottery and Ga…
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