Maryland Casino Revenue Rises Slightly in April Over Previous Month

Maryland Casino Revenue Rises Slightly in April Over Previous Month

By Bill Ordine

Fact Checked by Jim Tomlin

Maryland casinos enjoyed a robust April as combined revenues from slots, house-banked table games and poker for the six gambling halls hit $170.74 million, edging the previous month for the fourth-best revenue total all-time in the state.

In March, which had one more day, the combined revenues were $170.6 million. In a same month year-over-year comparison, April 2022 results were 5.3% higher, or about $8.64 million more, than April 2021, according to figures from Maryland Lottery and Gaming.

Video Lottery Terminals (VLTs) accounted for $114.35 million in April revenue and table games brought in $56.4 million.

Casino Contributions To State Hit $71.85 Million

Casino contributions to the state were $71.85 million with more than 72% of that total (almost $52.23 million) going to education. In Maryland, beneficiaries of casino gaming taxes are the communities and jurisdictions where the casinos are located; Maryland’s horse racing industry (purses and track improvements), and small, minority- and women-owned businesses.

The lineup of revenue leaders is familiar with MGM National Harbor in Oxon Hill enjoying the biggest figure in April, $70.53 million, a 13.1% increase over the previous month. Live! Casino and Hotel in Hanover was second with $58.81 million, a 1% increase over March.

Financial results from April for the rest of the state’s casinos were: Horseshoe Baltimore, $18.97 million, down 3.8% from March; Hollywood Casino in Perryville, $8.47 million, down 0.7% from the previous month; Ocean Downs Casino in Berlin, $8.24 million, up 7.1% from March, and Rocky Gap Casino in Flintstone, $5.77 million, an increase of 2.1% from March.

There are no real money online casinos available in Maryland.

Maryland Sports Betting Update

Not included in the casino results is retail sports gambling. Five of the casinos — all but Rocky Gap — have retail sports betting but those numbers are released separately from casino slots and table game numbers.

Four non-casino businesses have been awarded retail sports betting licenses but none of those have completed the process to start taking bets.

Maryland has also legalized online sports gambling but the state is months away from launching internet sports betting as regulatory and licensing commissions wrestle with adhering to the complexity of Maryland’s gaming law.

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WRITTEN BY
BetMaryland.com
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.
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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.
... Read More