Maryland’s online sportsbooks had their best July yet, with operators reporting a 25.6% jump in win to $54.9 million on wagering of $489.2 million, according to figures released by the Maryland Lottery and Gaming Control Agency. The growth was driven by a 36.8% surge in handle compared to a year earlier, with the state’s overall hold percentage landing at 11.2%.
Total handle across retail and mobile sports wagering for the month reached $496.4 million, up from $364.1 million in July 2025, and the state’s cut from taxable sports betting proceeds climbed to $8.45 million for the month. It’s the latest sign that Maryland’s regulated market, now several years into legalized mobile wagering, is still expanding at a rapid clip rather than leveling off.
FanDuel Still Runs the Table
FanDuel remained the dominant operator in the Free State by a wide margin, pulling in $23.5 million in win off handle of $187.9 million — good for a 12.5% hold. Both figures represented double-digit increases from the prior year, reinforcing FanDuel’s position as Maryland’s top mobile sportsbook operator.
BetMGM finished a distant second among the market leaders, generating $5.8 million in winnings from $42.6 million in wagers. BetMGM also posted the state’s highest hold rate at 13.5%, suggesting favorable outcomes on the betting lines it took throughout the month even without FanDuel’s overall scale. Bettors weighing sportsbook options can check the latest DraftKings promo code or a Caesars promo code before placing their next wager, since operator-specific bonuses can shift the math on a given book.
Caesars and TheScore Round Out the Field
Caesars Sportsbook posted the lowest hold in the market at 7.5%, converting $14.9 million in handle into $1.1 million of win for the month — a sign that Maryland bettors got the better end of the numbers against Caesars in July. TheScore Bet, a smaller player in the state, held at 8.5% on $8 million in handle.
The spread in hold percentages, from Caesars’ 7.5% up to BetMGM’s 13.5%, underscores how much monthly variance still exists even in a mature legal market, largely driven by the outcomes of marquee games rather than any structural pricing advantage.
Part of a Bigger Growth Story
July’s numbers extend a trend that’s been building all year. Maryland’s sports wagering market just closed out fiscal year 2026 with $6.91 billion in total handle, an 11.1% increase over fiscal 2025, and sports betting contributions to the state hit $132.3 million for the fiscal year, up 48.8% from $88.9 million the prior year. Mobile wagering has been the primary engine behind that growth, with mobile handle alone topping $6.79 billion for the fiscal year and dwarfing the retail market housed inside the state’s casinos.
Anyone tracking the broader legal landscape can find state-specific rules and licensed operators on the Maryland sports betting page, which breaks down which books are live in the state and how the market has evolved since launch. With football season approaching and historically the heaviest betting months still ahead, Maryland’s operators appear positioned for another strong stretch before the fiscal year comparisons get tougher next summer.
