July Maryland Casino Revenue Drops In Year-Over-Year Comparison

July Maryland Casino Revenue Drops In Year-Over-Year Comparison
Fact Checked by Jim Tomlin

Casino revenues in Maryland for July topped $174 million, but the month’s results paled a bit compared to the same month in 2022.

For July 2023, the state’s six casinos generated revenues of $174.23 million. That was down about $7.18 million, or about 4%, from July 2022. However, July 2022 was the second-best month in the 13-year history of casino gambling in Maryland, which set up a difficult same-month, year-over-year comparison.

In a month-to-month comparison, July saw a 6.5% rise from the $163.7 million in the June Maryland casino revenue report.

July also marked the third time in 2023 that the state’s casino revenue topped $170 million. The highest marks this year were in March ($176.5 million) and April ($174.7 million), according to Maryland Lottery and Gaming figures.

The casino gaming contribution to the state in July 2023 was about $73.18 million, a drop of $2.89 million, or 3.8%. from the same month a year ago. Of the total, about $52.74 million went toward education with the rest supporting the communities and jurisdictions where the casinos are located, the state’s horse racing industry, and small, minority- and women-owned businesses.

Unlike brick-and-mortar outlets, there are no legal, regulated Maryland online casinos.

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Maryland July Casino Revenue Breakdown

Among individual casinos, MGM National Harbor in Prince George’s County was the revenue leader with $72.15 million, but the casino saw a drop of $5.08 million (or 6.6%) from July 2022. The No. 2 revenue generator was Live! Casino & Hotel in Anne Arundel County, with $62.74 million, which was an increase of $1.17 million, or 1.9%, from July 2022.

The rest of Maryland’s casinos for July 2023 lined up this way (by revenues): Horseshoe Casino Baltimore, $16.02 million, a decrease of about $2.38 million, or 12.9%, from July 2022; Ocean Downs Casino in Worcester County, $10.08 million, a decline of $436,711, or 4.2%; Hollywood Casino Perryville in Cecil County, $7.5 million, a dip of $42,210, or 0.6%, and Rocky Gap Casino Resort in Allegany County, $5.82 million, a decrease of $412,941, or 6.6%, from 12 months earlier.

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A longtime reporter and editor who began writing on casinos and gaming shortly after Atlantic City’s first gambling halls opened, Bill covered the World Series of Poker and wrote a syndicated column on travel to casino destinations for a decade.

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