Maryland Casinos see revenue drop in October 2023 compared to record high last year
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BALTIMORE (WBFF) — Maryland’s six casinos combined to generate $159,811,765 in revenue from slot machines and table games during October 2023, down $53,110,257 (-24.9%) compared to October 2022, when the casinos set a single-month revenue record on the strength of unusually high volume according to Maryland Lottery and Gaming.
According to the report, casino gaming contributions to the state in October 2023 totaled $67,255,071, a decrease of $12,709,668 (-15.9%) compared to October 2022.
Contributions to the Education Trust Fund in October 2023 totaled $48,496,080, a decrease of $9,831,305 (-16.9 %) compared to October 2022. Casino gaming revenues also support the communities and jurisdictions where the casinos are located, Maryland’s horse racing industry, and small, minority- and women-owned businesses.
The gaming revenue totals for October 2023 are as follows:
MGM National Harbor (2,301 slot machines, 207 table games)
- $67,291,529 in October 2023, a decrease of $47,725,421 (-41.5%) from October 2022
Live! Casino & Hotel (3,890 slot machines, 179 table games)
- $57,789,660 in October 2023, a decrease of $1,883,137 (-3.1%) from October 2022
Horseshoe Casino (1,375 slot machines, 122 table games)
- $14,872,296 in October 2023, a decrease of $2,564,687 (-14.7%) from October 2022
Ocean Downs Casino (861 slot machines, 19 table games)
- $8,228,940 in October 2023, an increase of $207,344 (2.6%) from October 2022
Hollywood Casino (648 slot machines, 19 table games)
- $6,710,555 in October 2023, a decrease of $830,890 (-11.0%) from October 2022
Rocky Gap Casino (623 slot machines, 16 table games)
- $4,918,785 in October 2023, a decrease of $323,466 (-6.2%) from October 2022
Details on each casino’s gaming revenues and contributions to the State of Maryland are included in the attached charts, and both fiscal and calendar year-to-date totals are available online.
