Maryland Casinos Report Second-Best Month Ever
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Last month, Maryland’s six casinos combined to generate nearly $179 million in gaming revenue, contributing $73.4 million to the state.
According to Maryland Lottery and Gaming, the total represents an increase of $6,373,378 (3.7%) compared to May 2021. The May 2022 revenue figure is second only to July 2021, when the casinos generated $180.1 million in gaming revenue.
Contributions from last month’s casino gaming revenue totaled $73.4 million, including $53.4 million for the Education Trust Fund. Casino gaming revenues also support local communities and jurisdictions home to casinos, Maryland’s horse racing industry, and small, minority- and women-owned businesses.
In 2018, Maryland voters approved an amendment to the State Constitution to safeguard State video lottery terminal revenues for education purposes.
As described in the bill and the ballot question, supplemental funding must total at least $125 million in fiscal 2020, $250 million in fiscal 2021, and $375 million in fiscal 2022. One hundred percent of the gaming revenues dedicated to public education must be supplemental funding each year thereafter.
The gaming revenue totals for May 2022 are as follows:
MGM National Harbor (2,091 slot machines, 210 table games)
$75,964,791 in May 2022, an increase of $7,582,798 (11.1%) from May 2021Live! Casino & Hotel (3,734 slot machines, 184 table games)
$62,726,883 in May 2022, an increase of $1,331,581 (2.2%) from May 2021Horseshoe Casino (1,530 slot machines, 143 table games)
$17,681,336 in May 2022, a decrease of $1,843,079 (-9.4%) from May 2021Ocean Downs Casino (860 slot machines, 18 table games)
$8,508,202 in May 2022, a decrease of $90,517 (-1.1%) from May 2021Hollywood Casino (713 slot machines, 18 table games)
$8,213,506 in May 2022, a decrease of $275,874 (-3.2%) from May 2021Rocky Gap Casino (618 slot machines, 16 table games)
$5,673,109 in May 2022, a decrease of $331,531 (-5.5%) from May 2021
