March Madness is in full swing and fans across the state are trying their luck by placing their best bets on games.
Mobile sports betting launched last fall and these major sporting events can mean big money for gamblers, sportsbook operators, and Maryland
In fact, Maryland made more than $2.8 million in tax revenue in February and $2.1 million in January and between the NFL playoffs and college games, January was hit with football and with bettors wagering more than $441 million.
With the Super Bowl bettors wagered nearly $340 million and although bets were down more than $100 million month-over-month, profits for sportsbook operators were up, raking in $14 million in January and more than $18 million in February.
Join Our Text Club To Get The Latest Music, Entertainment, Contests And Breaking News On Your Phone. Text BALTIMORE to 24042 to join!
Additionally, in February alone, bettors wagered $14 million in person but placed more than $325 million in mobile bets.
As of now for March, we’ll just have to wait and see what happens but operators are expecting a great month!
Get Breaking News & Exclusive Content in Your Inbox:
Free help is available to cope with a gambling addiction for you or someone you care about through MDGamblingHelp.org or by calling or texting 800-GAMBLER. For more information, contact the University of Maryland School of Medicine Center of Excellence on Problem Gambling.
READ MORE LOCAL NEWS..
More Than $31M Wagered At Maryland Sportsbooks During The First Month Of NFL Season
Sports Betting Officially Begins at Horseshoe, Live!, and MGM National Harbor Casinos
The post Maryland Sportsbooks Expected To Bring In Millions During March Madness appeared first on 92 Q.
Maryland Sportsbooks Expected To Bring In Millions During March Madness was originally published on 92q.com
Rev. Alfred C.D. Vaughn, Pastor Of The Sharon Baptist Church In Baltimore, Has Died
Throwback Thursday: Classic Gospel Songs That Still Excite The Black Church
Funeral Arrangements Announced For Rev. Alfred C.D. Vaughn
Woman, Thou Art Loosed! Bishop T.D. Jakes Has Officially Passed The Torch To His Daughter Pastor Sarah Jakes Roberts [Watch]
Tributes Pour In For Randall Robinson After Anti-Apartheid Icon And TransAfrica Founder Dies At 81
12 Gospel Artists Who Are Also Pastors
RECAP: Radio One Baltimore Hosts Second Annual Job Fair - Presented By Maryland Health Connection
Tye Tribbett Brings The Gospel To NPR’s Tiny Desk Concerts