The numbers are in on September sports wagering and Maryland Lottery Executive Director John Martin returns to talk about the big numbers and what they mean with Nestor as the fall fun continues with a huge jackpot and holiday games about to emerge.
Nestor Aparicio discusses the Maryland Lottery’s sports wagering and big jackpot numbers with John Martin, the lottery’s executive director. Martin highlights that September saw a record $651 million wagered on sports, with $578 million paid out to winners, leaving a 11.2% hold for the state. Maryland’s hold rate is higher than most jurisdictions, indicating significant player losses. The state has already exceeded last year’s $90 million contribution to education and other causes. Martin also promotes the “Unlock the Cash” second-chance promo