Maryland Casinos Produce Fourth-Best Revenue Month Ever in March

Maryland Casinos Produce Fourth-Best Revenue Month Ever in March

By Bill Ordine

Fact Checked by Jim Tomlin

Maryland’s casino industry posted its fourth-best single month for revenues in March 2022.

The six casinos generated $170,565,837 in gaming revenue, an increase of 4.7% over February 2022 (nearly $163 million) and up 0.8% over March 2021 when COVID-19 capacity restrictions were lifted.

The state record of $180.1 million in casino revenue for a single month was set in July 2021.

Breakdown of Maryland Casino Revenue

The six casinos’ combined contribution to the state in March 2022 was nearly $72 million with about $52.3 million of that total going toward education, according to figures reported by Maryland Lottery and Gaming.

In Maryland, casino gaming revenues also support the communities and jurisdictions where the casinos are located, the state’s horse racing industry, and small, minority- and women-owned businesses.

There are no real money online casinos in Maryland.

Among individual casinos:

  • MGM National Harbor in Prince George’s County had about $67.8 million in revenue, up 1.9% from March 2021.
  • Live! Casino & Hotel in Anne Arundel County had just over $62 million in revenue, an increase of 1.6% from the same month a year ago.
  • Horseshoe Casino in Baltimore had almost $18.9 million in revenue in March 2022, a decrease of 4.6% from March 2021.
  • Hollywood Casino Perryville in Cecil County had more than $8.4 million in revenue in March, down 2.6% from March 2021.
  • Ocean Downs Casino in Worcester County had more than $7.7 million in revenue, an increase of 2.8% from March 2021.
  • Rocky Gap Casino Resort in Allegany County had almost $5.66 million in revenue, up 1% from March 2021.

Five of those casinos host retail sports betting in Maryland. The state’s mobile sports betting program is slowly working its way toward reality with the hope of a launch some time in 2022.

During March 2021, all the casinos were emerging from restrictions related to COVID-19. At the beginning of that month, the six casinos were under a state-mandated 50% capacity restriction. That was lifted on March 12, 2021. Also, capacity limits for MGM National Harbor and Horseshoe Casino were raised from 25% to 50% during March 2021 as a result of local jurisdiction orders.

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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