In recent years, Maryland has emerged as one of the fastest-growing markets for legalized sports betting in the United States. Since the state officially launched its sports wagering industry in December 2021, interest among bettors has skyrocketed. Sports fans now have access to a range of online and retail sportsbook platforms, with DraftKings quickly positioning itself as a top contender in the state.
Fueled by a mix of passionate local sports culture, attractive promotional offers, and a favorable regulatory environment, Maryland’s sports betting scene has become a key source of state revenue—and a favorite among both casual and seasoned bettors.
Maryland’s Legal Journey to Online Sports Betting
Maryland’s path to sports betting legalization has been years in the making. The turning point came in November 2020, when state voters overwhelmingly approved a referendum to legalize sports wagering. In May 2021, the Maryland General Assembly passed HB 940, setting the stage for a structured, regulated market.
By November 2022, online sports betting officially went live, adding digital platforms to the mix of brick-and-mortar sportsbooks already operating across the state. Since then, mobile betting has taken the lead, now accounting for over 95% of all wagers placed in Maryland .
This framework has allowed companies like DraftKings to rapidly gain market share, leveraging their robust technology stack, national presence, and compelling user interface to engage Maryland residents.
Record-Breaking Revenue and State Contributions
The financial results have been staggering. In January 2025, Maryland’s sports betting market generated $8.2 million in tax contributions—the fourth-highest monthly total since launch . That revenue goes directly to the Blueprint for Maryland’s Future Fund, a state initiative aimed at improving education statewide.
Here’s a closer look at some recent performance metrics for January 2025:
- Total handle (wagers placed): $618.8 million
- Prizes paid to bettors: $536.7 million
- Taxable win (after promotional play): $55 million
- State tax collected: $8.2 million
This momentum isn’t a one-off event. In the first seven months of FY2025 alone, the state has collected nearly $55 million, up from $32.8 million during the same period in FY2024 .
Behind this surge are marquee sports events like the NFL playoffs and college football bowl games, which significantly boost engagement each January. As noted by state officials, high-profile matchups and increased familiarity with online betting platforms continue to fuel interest month after month .
DraftKings’ Dominance in the Maryland Market
Since the launch of online sports betting in Maryland, DraftKings has rapidly climbed to the top as one of the most-used sportsbooks in the state. With its strong national reputation and seamless user experience, DraftKings has become a go-to platform for Maryland bettors seeking both reliability and variety.
What sets DraftKings apart in Maryland?
- User-Friendly App & Interface: Rated 4.8 stars in the Apple Store and 4.7 on Google Play, the app offers a smooth, intuitive experience for bettors of all levels.
- Diverse Betting Markets: From NFL and NBA to niche markets like darts and table tennis, DraftKings allows Maryland bettors to wager on virtually any sport, including local favorites like the Baltimore Ravens and Maryland Terrapins.
- Innovative Features: In-game betting, same-game parlays, and real-time odds boosts keep bettors engaged well beyond the pre-game line.
- Secure and Flexible Banking: DraftKings offers a wide variety of deposit and withdrawal methods, including PayPal, Venmo, online banking, and in-person options.
DraftKings also stands out through strategic partnerships, like its 10-year deal with the Timonium Racetrack. While the retail location is still in development, the move reflects the brand’s long-term commitment to the Maryland market.
How to Unlock DraftKings’ Welcome Bonus in Maryland
Getting started with sports betting in Maryland comes with a major perk—especially if you’re signing up with DraftKings. Right now, new users can take advantage of a standout welcome offer: Bet $5, Get $200 in Bonus Bets.
To claim it, simply follow the steps outlined on the official DraftKings MD promo code page. Here’s how it works:
- Sign up for a new DraftKings Sportsbook account.
- Make a deposit of $5 or more.
- Place a wager of at least $5 on any sport or market.
You’ll receive $200 in bonus bets instantly, credited as eight $25 bonus bets. These can be used across a wide range of betting options and must be used within seven days.
This offer doesn’t require an actual promo code—just accessing the promo through the dedicated page activates the deal. It’s one of the top sportsbook promotions currently available in Maryland, giving new bettors an excellent head start.
User Behavior and Seasonal Betting Trends in Maryland
January’s spike in betting revenue isn’t a coincidence—it’s part of a larger trend that reflects how Maryland residents interact with major sporting events throughout the year.
According to the Maryland Lottery and Gaming Commission, January consistently performs well due to:
- NFL Playoffs: High-stakes games involving national and local favorites like the Ravens lead to a surge in wagers.
- College Football Playoffs: The bowl season, capped off with the national championship, draws millions in bets nationwide—and Maryland is no exception.
- Increased Promotions: Sportsbooks like DraftKings ramp up promotions and boosts during these marquee events, incentivizing new signups and reactivating dormant users.
Mobile betting continues to be the dominant channel, accounting for 95%+ of all bets placed. DraftKings, with its top-tier mobile app, benefits directly from this shift in behavior. Whether it’s a Ravens playoff game or a Terrapins rivalry matchup, bettors are increasingly engaging via smartphones and tablets—anytime, anywhere.
Ongoing Debates: The Future of iGaming in Maryland
As Maryland’s sports betting industry matures, lawmakers are now turning their attention to the next frontier: iGaming, or online casino gambling. In early 2025, the Maryland House Ways and Means Committee held a lengthy hearing to consider HB 13, a bill that would legalize iGaming statewide.
Supporters argue the move could unlock $1.65 billion in tax revenue over five years, citing examples from states like Pennsylvania, where iGaming and retail casinos have coexisted and even flourished together. Proponents also emphasize that existing sports betting infrastructure—like DraftKings’ digital platform and licensing partnerships—makes Maryland uniquely positioned for rapid rollout.
However, opponents raise concerns about:
- Cannibalization of Brick-and-Mortar Casinos: Some fear iGaming may reduce foot traffic and harm hospitality jobs.
- Increased Problem Gambling: Critics argue the 24/7 accessibility of iGaming could elevate addiction risks.
Interestingly, the proposed bill includes a 55% tax rate on most games and requires licensees to present a diversity plan promoting equity in employment and ownership. As of now, no vote has been taken, but the debate reflects a broader question: should Maryland double down on digital wagering, or proceed cautiously?
Either way, DraftKings is poised to lead if iGaming becomes legal. With its proven online casino in other states and deep integration in Maryland’s betting landscape, it’s the logical frontrunner for early dominance.
Responsible Gambling and Player Protections
Maryland has made responsible gambling a top priority—and operators like DraftKings are integral to those efforts. Recognizing the fine line between entertainment and excess, both the state and sportsbook platforms have embedded tools to protect players.
Key features offered by DraftKings include:
- Betting Limits: Users can set daily, weekly, or monthly caps on deposits and wagers.
- Cool-Down Periods: Players can self-impose a timeout, blocking betting activity for a chosen period (from a few days to several weeks).
- Reality Checks: Pop-up reminders can notify users of their betting time or losses.
- State-Level Support: The Problem Gambling Fund in Maryland—funded in part by expired prizes—helps finance addiction prevention and treatment programs. Bettors can call 1-800-GAMBLER or visit MDGamblingHelp.org for free assistance.
DraftKings also provides education on responsible gaming strategies, such as bankroll management and avoiding emotional bets. These practices are prominently displayed within the app and on its website, ensuring bettors are always one click away from support.
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