Maryland online sports betting tax rise signed into law
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Maryland online sports betting tax rise signed into law
Maryland Governor Wes Moore has approved a five percentage point GGR tax hike in the state from 15% to 20% for online sports betting operators as part of his approved budget. The Budget Reconciliation and Financing Act of 2025, presented as House Bill 352, will raise the rate of tax for sportsbooks in the Old Line State to 20% on all GGR, up from 15%. Initially, in an early draft of HB 352, Moore proposed an even higher tax rate of 30%, with th…
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