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.

Visit BetMGM.com for T&Cs. Must be 21+. MD Only. New Customer Offer. All promotions are subject to qualification and eligibility requirements. Rewards issued as non-withdrawable bonus bets. Bonus bets expire 7 days from issuance. Please play responsibly. For help visit mdgamblinghelp.org or call 1-800-GAMBLER. In Partnership with MGM National Harbor.
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Author

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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