Maryland’s retail betting sector recorded handle of $39.7m in October, a new high for sports betting in the state since its launch in December 2021.
Gross win for the month was $5.3m at a margin of 13.4 per cent, down from September’s high of $6.6m, from a margin of 21.2 per cent. After permitted deductions, taxable win in October was $5.2m, earning the state $781,642 in contributions.
During October, Greenmount Station OTB became the eighth operator to [...]