Maryland committee backs 20% sports betting tax rate in budget review
Maryland’s House Ways and Means Committee voted 13-5 on 20 March to amend Governor Wes Moore’s proposed online sports betting tax increase, setting a 20% rate rather than the proposed 30%. The state legislature must approve the budget by 7 April, and the final rate remains undecided.
The proposed rate determines the tax burden Maryland sports betting operators may face.