# Maryland gaming and sports betting market trends

> Live situation record from CLSTR: https://clstr.news/situations/maryland-gaming-and-sports-betting-market-trends
> Updated: 2026-10-13T15:03:02.000Z. Sources: 4. Developments: 2.

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.

## Timeline

### 2026-10-13: Maryland sports betting revenue and BetMGM Q3 financial results

Maryland's sports betting market generated $9.1 million in tax revenue in September, while BetMGM reported a 7% rise in Q3 net revenue to $710 million.

2 sources. https://clstr.news/cluster/betmgm-reports-710-million-in-q3-revenue-and-112-ebitda-growth

### 2026-10-06: Maryland casinos see fifth month of revenue decline

Maryland casinos face a five-month revenue decline, while prediction market firms increase US lobbying efforts and new gaming titles like Game of Thrones launch in the US market.

3 sources. https://clstr.news/cluster/maryland-casinos-see-fifth-month-of-revenue-decline

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Cite as: Maryland gaming and sports betting market trends. CLSTR, https://clstr.news/situations/maryland-gaming-and-sports-betting-market-trends
