Maryland gaming and sports betting market trends

In September 2026, Maryland’s gaming sector showed diverging trends between traditional casino operations and sports betting. Casino revenue from slot machines and table games reached US$151.4 million, representing a 0.1% year-over-year decline and the fifth consecutive month of decreasing revenue. Despite this dip, state contributions from casinos rose by 1.8% to approximately US$65 million.

During the same period, Maryland’s regulated sports betting market generated US$652.2 million in total wagers, with mobile betting comprising roughly 98.3% of the handle. This sector contributed US$9.1 million to the state, including US$6.89 million allocated to the Blueprint for Maryland’s Future Fund for public education.

On a corporate level, BetMGM reported a 7% year-on-year increase in net revenue for the third quarter, reaching US$710 million, even as its monthly active player count decreased by 3%. Despite the decline in active customers, which fell to 878,000, the company’s adjusted EBITDA rose by 112% to US$86 million. BetMGM, a joint venture between MGM Resorts International and Entain, reiterated its full-year 2026 guidance, projecting net revenue between US$2.9 billion and US$3.1 billion.