![]() ![]() While the revenue slipped less than $4 million from March, April still produced a nearly identical hold of 14%. FanDuel dominates in MarylandĪpril was a bad month for sports bettors who took on Maryland powerhouse sportsbook FanDuel, which hauled in nearly $50 million more in handle and more than double the revenue of rival DraftKings.įanDuel took in $150.8 million in wagers and recorded gross revenue of $21.2 million. The state and its Blueprint for Maryland Future Fund hauled in $3.8 million on taxes, which was also down from March’s record of $5.3 million. Maryland Lottery and Gaming reported in its monthly figures both retail and online sports betting sites combined for gross revenue of $35.6 million, on a total handle of $328.4 million during a time without a full college basketball, NBA, or NHL slate.ĭespite a $10 million decrease from the highly successful March, the win rate before deductions and $9 million in promotions hit a successful 10.9% - falling to 7.8% on an adjusted revenue of $25.7 million. The Old Line State’s online handle of $313.5 million dropped 15% month-over-month, and Maryland produced its lowest full-month total handle since mobile wagering went live in early November 2022. ![]() Maryland’s hot start to mobile legal sports betting finally cooled off some in April.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |