February 26, 2025 - 22:01

Maryland is set to double its sports betting tax rate, a move that has sparked significant debate within the gambling industry. Currently, the state imposes a tax rate of 15% on sports betting revenue, but the proposed increase would raise this figure to 30%. Proponents of the tax hike argue that the additional revenue could be allocated to education and public services, providing much-needed funding for various state initiatives.
However, the gambling industry is voicing strong objections, claiming that such a steep increase could deter potential investors and affect the overall profitability of sports betting operations in the state. Industry representatives warn that this could lead to decreased competition and fewer options for consumers.
As Maryland continues to navigate the complexities of legalized sports betting, the outcome of this tax rate proposal remains uncertain. Stakeholders are closely monitoring developments, as the decision could have lasting implications for the state's gambling landscape and its economic future.
February 25, 2026 - 03:19
No. 17 Alabama rides offense into rematch vs. Mississippi StateThe No. 17 ranked Alabama Crimson Tide, having decisively found their offensive rhythm, prepare to host the Mississippi State Bulldogs Wednesday night in a key SEC matchup. The contest in...
February 24, 2026 - 04:19
Basketball box scores, other sports results for Monday, February 23, 2026; Playoff basketball scheduleA dramatic semifinal clash in the WPIAL Class 6A boys basketball playoffs saw New Castle advance with a narrow 52-49 victory over Central Catholic on Monday night. The game was a tense battle from...
February 23, 2026 - 23:43
Utah High School Basketball 2026 Streaming Guide: 1A/2A/5A/6A TournamentsThe road to a state championship continues this week across Utah, with critical tournament games set for the 1A, 2A, 5A, and 6A classifications. Fans unable to attend in person have multiple...
February 23, 2026 - 07:20
Lakers honor championship coach Riley with statueThe legacy of Pat Riley, the visionary coach who orchestrated the Los Angeles Lakers` dazzling 1980s dynasty, was permanently cast in bronze on Sunday. A new statue honoring the Hall of Famer was...