Maryland
How Much Tax Revenue Is Maryland Losing In The Mobile Betting Delay? – MarylandReporter.com
By Cody Kutzer
Whereas Maryland sports activities bettors develop more and more impatient ready for cellular betting to be authorized, the quantity of potential tax income the state is shedding grows as nicely. Regardless of Governor Larry Hogan’s fiery push to have on-line sports activities betting prepared for the kick-off of the 2022 NFL season, no launch date has been set. How a lot cash has Maryland left on the desk on account of the cellular betting delay? Let’s take a look at some numbers.
Maryland Sports activities Betting Income
Like all different states with some type of legalized sports activities betting, income is created by imposing a tax on sportsbook operators’ income. Past that, nearly no two states are precisely the identical, with variations in tax charge and the place the tax income finally ends up. As of this writing, the states with authorized sports activities betting have tax charges that vary anyplace from 6.75% (Iowa) all the best way as much as 51% (New York).
Maryland’s sports activities betting tax charge is ready at 15% with income going in the direction of the state’s Blueprint for Maryland’s Future Fund. Retail sports activities betting has introduced in $2.8 million for the fund on $174.8 million in complete wagers from December 2021 by June 2022. The 11.2% maintain, the amount of cash sportsbooks preserve as income, is greater than the nationwide common of seven%. Of the 26 states with wagering studies obtainable, solely three states have the next maintain proportion.
Utilizing Colorado and Louisiana to Mission Potential Income
For various causes, we will use Colorado and Louisiana to get a glimpse into what the state has been lacking out on. Colorado’s inhabitants is sort of just like Maryland, whereas Louisiana initially supplied retail betting earlier than rolling out cellular betting.
Colorado launched sports activities betting in Could 2020 within the midst of the COVID pandemic and has since seen the state develop right into a top-10 state when it comes to complete wagers positioned. By way of its first twelve months, Colorado sportsbooks posted $164,923,548 in income. With Maryland’s 15% tax charge, this might come out to $24.7 million in tax income. That is doubtlessly on the decrease finish of projections as nicely, as the primary three months of sports activities betting in Colorado every had beneath $100 million in complete wagers. Contemplating retail betting may have doubtlessly been established for a whole yr and the timing of the launch of on-line betting in Maryland, there’s mainly zero likelihood the opening month is beneath $100 million.
Retail betting launched in Louisiana on October 31, 2021, earlier than on-line wagering was launched on January 28, 2022. Though complete wagers elevated 165% in the course of the first full month of cellular wagering (February 2022), retail wagers dropped by 44% month over month. Cell wagers accounted for over 88% of February 2022’s complete wagers. From February 2022 by Could 2022, sports activities wagering introduced in simply over $11 million for The Pelican State.
Each of those examples paint a rosier image than the $19 million in income Maryland’s Division of Legislative Providers has projected for the state as soon as it reaches full operation.
Maryland’s New State Betting Motto: At Least We’re Not California?
Equally to Maryland, California will probably be leaving it to the polls to find out if sports activities betting will probably be coming to its state. California, whose tax charge will extra intently resemble New York’s than Iowa’s, has two separate poll initiatives that will probably be voted on this November. One would allow solely retail betting at California’s tribal casinos and racetracks whereas additionally particularly blocking DraftKings and FanDuel. The opposite would legalize on-line and cellular gaming. Every of those poll initiatives would fund completely different packages as nicely. Relying on which initiative passes (or doubtlessly each?), California sports activities betting bonuses could or is probably not a factor.
Say what you’ll concerning the Maryland cellular delay, however a minimum of the state isn’t combating over which sort of sports activities betting to permit.
Maryland
Reporter reacts to Jets ‘head scratching’ move of interviewing Maryland HC Mike Locksley
The New York Jets made one of the more surprising moves when they announced they had completed an interview with Maryland head coach Mike Locksley. The offensive-minded coach just ended the 2024 season going 4-8 and Locksley has a 33-41 record while coaching the Terps.
The Jets aren’t leaving any stone unturned when it comes to finding their next head coach. But The Athletic’s Bruce Feldman and Zach Rosenblatt can’t come to terms as to why New York would interview Locksley. With far more college coaches who have had more success than Locksley, why the under-.500 coach?
“Yet, this one feels like a head-scratcher — if the Jets were going to interview a college candidate, my reporting had indicated there might be some mutual interest in Iowa State coach Matt Campbell, who rejected an interview request from the Jets in 2019 before they hired Adam Gase. That has yet to happen, though it’s still possible it could — especially since Campbell is already expected to interview for the Bears opening.
“It feels like a long shot that the Jets would seriously consider Locksley to be their next coach, considering he has no NFL coaching experience and Maryland has been inconsistent under his watch. But perhaps there’s an outside chance he’d be interested in joining the Jets as an offensive coordinator when they eventually hire a head coach.”
It’s quite unlikely that the Jets hire Locksley away from Mayland. But if anything, it shows that teams are impressed with how the former Alabama offensive coordinator has run his program at Maryland. Playing in the Big Ten with powerhouses like Michigan, Ohio State, Penn State, and now Oregon, is no easy feat for a program like Maryland that can’t quite recruit at the same level.
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Maryland
Takeaways from Maryland men’s basketball’s 79-61 win over No. 22 UCLA
Searching for its first ranked win of the 2024-25 campaign, Maryland men’s basketball had the opportunity to erase its demons from a dismal 87-60 loss against UCLA at home in 2022.
The Terps did just that, cranking up the intensity in the second half against the No. 22 Bruins to prevail at Xfinity Center, 79-61.
Here are three takeaways from the game.
Ja’Kobi Gillespie’s first-half effort was spectacular
The reason Maryland led UCLA at the half — let alone was in the game — was because Ja’Kobi Gillespie took it upon himself to propel the Terps’ offense.
Gillespie had an overall pedestrian West Coast road trip, scoring a season-low one point against Washington before notching 16 against No. 9 Oregon. But the ever-aggressive guard matched his scoring output against the Ducks at home versus UCLA — in just 20 minutes of play.
Gillespie was once again Maryland’s primary ball handler, and assumed much of the shot-making duties in the opening half. He had 10 attempts from the field, double that of the next closest player, Derik Queen. While the Terps were keen on trying to find their bigs for buckets inside early — they had 20 paint points in the first half compared to the Bruins’ 14 — eventually, the visitors put an emphasis on their interior defense.
Gillespie was the main benefactor, becoming increasingly ball-dominant and continuously running pick-and-rolls at the top of the 3-point line. When UCLA rolled out its drop coverage in an attempt to stifle Maryland’s inside attack, Gillespie let it fly from deep. He went 4-of-8 from downtown on the evening.
His defensive impact was also evident. Gillespie accumulated four steals on the night, including two in the second half to help Maryland pull away with quick fast-break points.
The 6-foot-1 junior had an overall quieter second half, but grabbed a huge offensive rebound and drilled a 3-pointer in succession with four minutes remaining, effectively throwing the knockout punch. He finished with a game-high 27 points to go with two rebounds and four assists.
Maryland’s defense turned it up in the second half
Maryland’s offense was by no means on fire in the second half. It picked up its scoring effort in the latter minutes, but it scored just 20 points in the first 15 minutes of the frame. It was the Terps’ defense that helped shut down any hope of a UCLA victory.
In the middle portion of the frame, the Bruins went more than four minutes without scoring a field goal, missing seven consecutive field goals. That wasn’t a product of poor offense, but rather the Terps’ airtight coverage.
For a team averaging just around 11 turnovers per game, Friday was a complete nightmare for the Bruins, who committed 21 — 10 of which came in the second half. The Terps turned those 10 turnovers into 12 points of their own.
Maryland also had six second-half steals and four blocks, while UCLA had no second-half rejections. One of the Terps’ blocks was an emphatic Julian Reese swat on Bruins star Tyler Bilodeau, sending the crowd into a frenzy and injecting the team with life.
One of the reasons for Maryland’s increased defensive presence was head coach Kevin Willard’s insertion of interior size. Tafara Gapare played an impressive 14 minutes, blocking two shots of his own and helping force UCLA into perimeter shots. The Bruins went 7-of-19 from downtown on the night.
A much-needed ranked victory
Heading into the match, Maryland was No. 24 in the KenPom net rankings. It has been teetering on the precipice of being ranked for the past few weeks. But it has also been missing something important in its resume: a signature ranked win.
It came close against then-No. 15 Marquette, then-No. 8 Purdue and then-No. 9 Oregon, but late miscues and missed chances plagued the Terps in each contest.
It didn’t take a close finish to decide Maryland’s fate Friday. The home Terps had the game in hand during most of the latter portion of the second half.
It wasn’t just Maryland’s defense that propelled it to a sizable lead. It was partially due to UCLA head coach Mick Cronin being ejected from the game, granting the Terps four free throws and igniting the crowd.
Reese also helped Maryland pull away, scoring 10 second half points on 5-of-6 shooting. As of recent, he has put on far more prolific performances than he had been early in the season.
Friday night was Maryland’s first ranked win since Jan. 14, 2024, when it beat No. 14 Illinois. The Terps will have another opportunity to defeat a ranked Fighting Illini team — currently No. 13 — on Jan. 23.
Maryland
UCLA can't keep pace in second half during loss at Maryland
COLLEGE PARK, Md. — Three days after calling his players “soft” and “delusional” in their estimation of their abilities, Mick Cronin wasn’t around to offer a final assessment Friday night.
The UCLA coach was in the locker room, having been ejected with five minutes and 14 seconds left after receiving two rapid-fire technical fouls with his unraveling team down by nine points.
It wasn’t the final indignity for his team. Far from it.
UCLA couldn’t get out of its own way inside the Xfinity Center, the No. 22 Bruins stumbling to a 79-61 loss to Maryland that represented a season-worst third consecutive defeat.
Being soft wasn’t the primary problem on this night. Holding on to the ball or throwing a pass without it being stolen were the big challenges confronting the Bruins.
UCLA committed 21 turnovers, tying its worst showing of the season, while getting outmuscled by another team. If this was a crossroads, then the Bruins (11-5 overall, 2-3 Big Ten) certainly took the wrong turn.
Forward Tyler Bilodeau scored 18 points and guard Trent Perry added 10 off the bench, becoming the only Bruins to reach double figures on a night the team shot 41.5% to Maryland’s 54%. Ja’Kobi Gillespie led the Terrapins (12-4, 2-3) with 27 points.
In need of a confidence boost, UCLA’s Dylan Andrews followed a pull-up jumper with a tough turnaround baseline jumper to pull his team within 53-47 with 12:36 left.
But a flurry of turnovers followed and an irate Cronin was quickly tossed after apparently voicing his displeasure with the referees.
It was only a little more than two years ago that UCLA came here and bludgeoned the Terrapins, leading by as many as 30 points in the first half of a runaway victory. That sort of showing felt like a distant memory Friday.
There were some coming-of-age moments in the first half for Perry, who played with increasing confidence the longer he was in the game.
Among his highlights were a backdoor reverse layup off a pass from Skyy Clark, a steal of a cross-court pass and an offensive rebound that he followed with a driving layup. Perry’s seven points by halftime were more than twice as many as the three points he had collected in the previous four Big Ten games while looking shaky during his brief stints on the court.
UCLA’s 40-36 halftime deficit could have been considered something of a victory for the Bruins considering they committed 11 turnovers — several while having the ball stripped — and allowed Maryland to shoot 51.7%.
There was nothing worthwhile left to come for the Bruins.
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