The total casino and sports wagering revenue in Maryland in November 2025 was $256,052,007, a 6% increase compared to November 2024. Similarly, the total yearly revenue for fiscal year 2025 of 2,663,337,064 presents a 5% increase compared to fiscal year 2024. Casino contributions to the state are divided among the Education Trust Fund, local aid, Maryland’s horse racing industry, and Maryland’s Small, Minority, and Women-owned Business Fund. Sports wagering contributions are divided between the Blueprint for Maryland’s Future Fund and the General Fund.
The values cited include online sports betting revenue, which is becoming increasingly prominent nationwide alongside other forms of online gambling. Although online casinos aren’t legalized in Maryland, local players can access online alternatives, such as the ones discussed in adventuregamers.com reviews, registered both in the US and internationally. The only drawback is that such platforms don’t bring taxes to the State of Maryland. Still, once the state authorities legalize online casinos, they will be able to collect and distribute the taxes from that revenue across different organizations within the state.
In November 2025, the six brick-and-mortar casinos in Maryland generated $158,766,823 in revenue from table games and slot machines, 0.4% more than in November 2024. In the same month, the casinos contributed $68,548,425 to the state.
The casinos’ total revenue for fiscal year 2025 (July 1, 2024 – June 30, 2025) was 1,964,816,784, a 1% increase compared to the previous fiscal year. Contributions to the state in fiscal year 2025 totaled 831.3 million.
Out of the 2025 contributions, $606.2 million went to the Education Trust Fund, which supports public school education. This is a 5.5 million increase compared to FY2024. The Education Trust Fund has received a total of $6.4 billion from casino revenue since 2010, when the state’s first casino was opened. Communities where the casinos are located received $105.1 million in FY2025. The state’s horse racing industry was granted $95.2 million. Lastly, $20.4 million was allocated to Maryland’s Small, Minority, and Women-owned Business Fund, a 1.5% increase from the previous fiscal year.
In November of this year, sports bettors wagered a total of $720,180,853. They won $622,895,669 in prizes, leaving a 13.5% hold, and $95,435,699 of taxable revenue. State contributions amounted to $19,012,033, 61.1% more than in November 2024. The tax rate for retail sports betting operators is 15%, while the rate for mobile sports betting operators was increased from 15% to 20% in June 2025.
In FY2025, $6,218,831,405 was wagered in the state on sports, and $5,520,311,135 was paid in prizes. The taxable revenue left was $577,680,021, and $88,923,572 was delivered to the state, a 47% increase from the $60,311,456 contributions of FY2024.
From July 1, 2024, to May 30, 2025, the tax rate was 15% for both retail and mobile sports betting operators, and the entire contribution went to the Blueprint for Maryland’s Future Fund, which is put towards funding public education. In June 2025, the tax rate for mobile sports betting operators was raised to 20%, and the entirety of it was directed to the Blueprint Fund. As of July 2025, 15% of mobile operators’ taxable revenue goes to the Blueprint Fund, and 5% to the General Fund.
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