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Lottery, casino and sports betting revenues shift funding flows; agency seeks approval of FY26 budget

2651687 · February 13, 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

Maryland Lottery and Gaming Control Agency reported mostly flat gaming revenues for FY24 but a rise in sports wagering; the agency requested approval of a FY26 budget that reflects vendor and monitoring contract cost pressures and continued emphasis on responsible gaming.

The Maryland Lottery and Gaming Control Agency told the Education and Economic Development Subcommittee that lottery and casino revenues were mostly flat in fiscal 2024 while sports‑wagering receipts grew, and the agency asked lawmakers to concur with its fiscal 2026 budget allowance.

Elizabeth Bridal, the DLS analyst who presented the review, said the FY26 allowance increases about $9 million, largely from vendor and monitoring contract cost increases and personnel costs. About 42% of the Lottery’s budget covers central monitoring and control contracts (ticket printing,…

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