Maryland casinos generate $163.7 million in gaming revenue in June
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Maryland’s six casinos generated $163.7 million in gaming revenue in June, down 0.6% from June 2022.
The Maryland Lottery and Gaming Commission reported that MGM National Harbor led with $69 million in revenue.
Values achieved by other casinos in Maryland
The remaining casinos in Maryland recorded the following amounts:
- Live! Casino & Hotel generated $57.9 million,
- Horseshoe Casino grossed $15.9 million,
- Ocean Downs Casino reached the $8.6 million mark,
- Hollywood Casino registered 6.9 million dollars;
- Rocky Gap Casino added up to around 5 million dollars.
It should be noted that all casinos reported a reduction in revenue in the month of May. The six casinos offer slot machines and table games.
Casino gaming contributions to the state in May totaled $69.4 million, up 1.6% compared to the same month in 2022.
Maryland casinos have generated more than $50 million for the state’s Education Trust Fund (ETF).
About the Maryland Lottery and Gaming Commission
Authorized by the General Assembly, the Maryland Lottery and Gaming Commission was formed as the State Lottery Agency by constitutional amendment in 1972.
The agency started operating on January 2, 1973 and, in April of that same year, began selling lottery tickets and distributing prizes. In October 2012, the organization underwent a change to its regulatory responsibilities for casinos in Maryland.
Lottery revenue is the fourth largest source of revenue for the state of Maryland, after income taxes, sales taxes, and corporate taxes. Approximately 60% of what the lottery earns from ticket sales goes back to players in the form of cash prizes.
