Maryland Casino Revenue Lowest Since January 2022

Maryland Casino Revenue Lowest Since January 2022
Fact Checked by Pat McLoone

Maryland casinos had nearly $155.1 million in revenue for September, which was the lowest revenue figure since January 2022.

The $155.1 million in revenue from the six casinos in September was down 2.6% from September 2022 ($159.27 million) and a decrease of 3.9% from August 2023 ($161.4 million). As mentioned, September was also the lowest revenue figure in more than a year-and-a-half when revenues were $153.8 million in January 2022. 

The Maryland casino revenue high-water mark was in October 2022 when revenues hit more than $212.9 million.

There are no online casinos in Maryland.

Where Casino Revenue Goes in State

Casino contributions to the state in September were about $66.44 million, a decrease of 2.2% from September 2022. Of the total, the contribution to the Education Trust Fund was about $47.85 million. While the majority of tax proceeds go toward education, they also support the communities and jurisdictions where the casinos are located, the state’s horse racing industry, and small, minority- and women-owned businesses.

All but one of the casinos have a Maryland online sports betting component to their operation.

Revenues for the six casinos in September were:

  • MGM National Harbor in Prince George’s County, $61,969,980
  • Live! Casino & Hotel in Anne Arundel County, $58,412,443
  • Horseshoe Casino Baltimore, $14,451,736
  • Ocean Downs Casino in Worcester County, $8,733,540
  • Hollywood Casino Perryville in Cecil County, $6,722,454
  • Rocky Gap Casino in Allegany County, $4,807,625.

BetMaryland.com will give you timely revenue updates on casinos and sports betting, as well as provide Maryland sportsbook promos.

Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate & present in MD. In Partnership with MGM National Harbor. Gambling problem? Call 1-800-GAMBLER. Visit BetMGM.com for Terms & Conditions. US promotional offers not available in NY, NV, or Puerto Rico.
quote

Author

Bill Ordine

Bill Ordine was a reporter and editor in news and sports for the Philadelphia Inquirer and Baltimore Sun for 25 years, and was a lead reporter on a team that was a finalist for the Pulitzer Prize in Breaking News. Bill started reporting on casinos and gaming shortly after Atlantic City’s first gambling halls opened and wrote a syndicated column on travel to casino destinations for 10 years. He covered the World Series of Poker for a decade and his articles on gaming have appeared in many major U.S. newspapers, such as the Los Angeles Times, Chicago Tribune, Miami Herald and others.

Cited by leading media organizations, such as: