Maryland’s sports wagering hits $320 million in May
Maryland Lottery and Gaming has released the official sports betting revenue and handle report for May 2023. This report shows that Maryland sportsbooks raked in $320,199,671 in wagers for the month from among the best sports betting sites in the state.
This is the second-strongest betting month in the Old Line State. May’s wagering numbers have pushed the FY 2023 betting handle total to $2,636,900,834.
The 10 mobile betting apps in Maryland saw the bulk of the action. Online operators reported $305,063,591 in sports betting handle, 95.2% of the betting market in May.
The number one operator during that stretch was FanDuel with $146,314,218.06 in wagers for May 2023. This is 47.9% of the entire mobile betting market in Maryland. To date, FanDuel has seen $1,166,344,901.01 in waters for FY 2023.
DraftKings also saw a major hold on the market with $101,906,378.49, a 33.4% market share. DraftKings has seen $778,691,843.69 wagered so far in FY 2023.