Sports Betting Handle Rises 6% in Maryland For August

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Sports Betting Handle Rises 6% in Maryland For August
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Maryland operators combined to rake in $24.9 million in gross revenue, which was down 12% from July, for a hold of 9.4%. It was a better run for bettors, who ended Maryland’s double-digit hold streak in all 13 consecutive months of sports betting.

They didn’t make a huge mark in the overall handle, but with football beginning, wagers rose 6% from July and put the Old Line State over $500 million in handle in the first two months of this fiscal year.

It was a better run for bettors, who ended Maryland’s double-digit hold streak in all 13 consecutive months of sports betting.

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