US EditionMaryland Sportsbooks Hit with Tax Hike After Launch Boom
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Maryland Sportsbooks Hit with Tax Hike After Launch Boom
Maryland’s first major post-launch tax hike is now official, with Governor Wes Moore signing a new law that lifts the online betting rate from 15% to 20%. The tax increase follows months of debate in the state legislature, with Moore initially proposing a steeper 30% rate to help close a $2.7 billion budget gap, citing higher rates in New York and Pennsylvania as examples. After facing resistance, the House Ways and Means Committee approved a co…
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