Maryland sports betting revenue and BetMGM Q3 financial results

Maryland's regulated sports betting market generated US$ 9.1 million in tax contributions during September 2026. According to Maryland Lottery and Gaming, total betting volume reached US$ 652.2 million, with mobile platforms accounting for approximately 98.3% of the total volume.

In the corporate sector, BetMGM reported a 7% year-on-year increase in net revenue for the third quarter, reaching $710 million. While monthly active customers decreased by 3% to 878,000, the company's adjusted EBITDA rose by 112% to $86 million. BetMGM, a joint venture between MGM Resorts International and Entain, reiterated its full-year 2026 guidance, projecting net revenue between $2.9 billion and $3.1 billion.