Maryland Lottery and Gaming reports 9.4% sportsbook hold in August
Maryland Lottery and Gaming reported a statewide sportsbook hold of 9.4% in August, the first time in 2023 it had fallen below 10%. Operators generated $24.9 million in gross revenue from $263.7 million in wagers, while adjusted gross revenue exceeded $17 million and tax revenue reached $2.6 million. FanDuel led operators with $12.6 million in gross revenue; DraftKings recorded $7 million.
The monthly figures show how wagering volume, operator revenue and tax receipts changed as the statewide hold fell below 10%.