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Lottery and gaming agency projects steady revenues; sports wagering growth noted

2308725 · February 12, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Maryland Lottery and Gaming Control Agency said fiscal 2024 contributions to state ‘good causes’ remained strong while the fiscal 2026 allowance reflects increases in vendor, personnel and advertising costs; sports wagering revenue growth was highlighted as a rapidly expanding source of state contributions.

The State Lottery and Gaming Control Agency presented its fiscal 2026 allowance to the Education and Economic Development Subcommittee, reporting largely stable lottery and casino revenues for fiscal 2024 and faster growth in sports wagering receipts.

Budget and major cost drivers

DLS analyst Elizabeth Bridal summarized the agency’s budget; the fiscal 2026 allowance totals roughly $133 million (about a 7% increase), mostly from special funds tied to gaming revenues. Bridal said roughly 42% of the agency’s budget covers central monitoring and control contracts…

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