Maryland’s six casinos collectively generated $173.9 million in gaming revenue during August 2024, marking a 7.8% increase over the same period last year. This revenue, deriving from both slot machines and table games, ranks as the ninth highest in a single month since the state’s casino program began in September 2010.
The total contribution to the state from these revenues reached $73.7 million, up by 8.1% from August 2023. This included $53.1 million funneled into the Education Trust Fund, also showing an 8.1% increase year-over-year. Maryland’s casino revenues support not only education but also local communities, the horse racing industry, and small, minority-, and women-owned businesses.
Breaking down the earnings, MGM National Harbor led with $75 million, up 9.7% from last year, followed by Live! Casino & Hotel, which brought in $61.9 million, a notable increase of 12.4%. However, not all facilities saw gains; Horseshoe Casino Baltimore and Rocky Gap Casino reported declines of 6.4% and 6.9%, respectively.
The performance breakdown for other casinos includes Ocean Downs Casino, with revenues slightly down by 1.8% at nearly $9.9 million, and Hollywood Casino Perryville, which saw an increase of 8.7%, totaling $7.7 million.
MGM National Harbor, the top earner, operates 2,290 slot machines and 212 table games. The other casinos, like Live! Casino & Hotel and Horseshoe Casino Baltimore, offer a mix of thousands of slot machines and hundreds of table games, contributing to the diverse gaming landscape in Maryland.
Maryland’s casinos are strategically located across the state, including in Prince George’s, Anne Arundel, and Baltimore counties, among others. This geographical spread helps maximize the accessibility and benefits of casino gaming revenues across various Maryland communities.
For detailed revenue statistics and more about the contributions to the State of Maryland, including fiscal and year-to-date totals, further information can be accessed online through the provided link.
