MD Casinos Generate Nearly $163M in June Revenue
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Last month, Maryland’s six casinos generated nearly $163 million in gaming revenue, contributing $63.8 million to the state.
According to Maryland Lottery and Gaming, the total represents an increase of $1.2 million (0.8 percent) compared to June 2021. Contributions to the Education Trust Fund in June 2022 were $49.7 million, an increase of $525,773 (1.1 percent) compared to June 2021.
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 June 2022 are as follows:
MGM National Harbor (2,099 slot machines, 210 table games)
$68,410,674 in June 2022, an increase of $4,711,670 (7.4%) from June 2021Live! Casino & Hotel (3,760 slot machines, 184 table games)
$55,999,990 in June 2022, a decrease of $2,473,190 (-4.2%) from June 2021Horseshoe Casino (1,532 slot machines, 137 table games)
$17,051,846 in June 2022, an increase of $36,927 (0.2%) from June 2021Ocean Downs Casino (848 slot machines, 19 table games)
$8,553,481 in June 2022, a decrease of $291,008 (-3.3%) from June 2021Hollywood Casino (703 slot machines, 18 table games)
$7,387,807 in June 2022, a decrease of $323,058 (-4.2%) from June 2021Rocky Gap Casino (629 slot machines, 16 table games)
$5,341,502 in June 2022, a decrease of $414,169 (-7.2%) from June 2021
