Maryland Casino Revenue Lowest Since January 2022

Maryland Casino Revenue Lowest Since January 2022
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Fact Checked by Cody Kutzer

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.

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Author

Lou Monaco
Lou Monaco
Reporter/Journalist

Lou Monaco had been East Coast Scene columnist for Gaming Today in Las Vegas since June 2019, covering the East Coast sportsbook scene with emphasis on NJ and PA. He also currently is a part-time writer for the high school sports department for NJ Advanced Media (NJ.com) in Iselin, NJ. Lou has over 30 years sports experience with previous stints at ESPN SportsTicker, Daily Racing Form and Oddschecker.

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