TLDR
- Maryland gambling revenue reached $1.637 billion in fiscal 2026, a state record.
- Sports betting revenue grew from $88.9 million to $132.3 million year over year.
- About $99.7 million of sports betting funds went to Maryland’s Blueprint education program.
- $32.6 million from sports betting was sent to the state’s General Fund.
- Total gambling revenue grew by $48 million compared to fiscal 2025.
Maryland’s gambling industry sent $1.637 billion to state programs in fiscal 2026. That is a record for the state.
The fiscal year covered the period ending June 30. The figures come from Maryland Lottery and Gaming.
The total is $48 million higher than what the state collected in fiscal 2025. Casinos have long been the biggest source of that money.
Sports betting is changing that pattern. It is now producing a much larger share of the state’s gambling income than before.
Sports Betting Revenue Climbs
Sports wagering brought in $132.3 million for Maryland in fiscal 2026. That is up from $88.9 million the year before.
The increase came from more betting activity across the state. It is one of the fastest growing pieces of Maryland’s gambling revenue.
Just a few years ago, sports betting made up a small part of the total. It is now becoming one of the larger contributors to the state’s gambling income.
Where the Money Goes
Most of the sports betting revenue went to a specific program. About $99.7 million was directed to the Blueprint for Maryland’s Future Fund.
That fund pays for public education initiatives across the state. It is one of the main uses for gambling tax revenue in Maryland.
Another $32.6 million from sports betting went to the state’s General Fund. That fund supports general government operations and services.
The lottery, casinos and fantasy sports operators also added to the total figure. Together, all of these sources produced the $1.637 billion reported for the year.
Casinos remain a large part of that total. But the pace of growth in sports betting stands out compared to other parts of the industry.
The shift shows how quickly sports wagering has grown since it launched in Maryland. It has moved from a new product to a steady source of public funding in a short time.
This also means the state’s finances are becoming more tied to betting activity. As sports betting expands, it plays a bigger role in funding programs like public education.
Maryland officials will continue to track these figures as the next fiscal year gets underway. The state has not announced changes to how sports betting revenue is taxed or distributed.
For now, the fiscal 2026 numbers stand as the most recent official figures from Maryland Lottery and Gaming.
