According to data from the Maryland Lottery and Gaming, six casinos in the state generated $163,717,230 in revenue in June. Revenue from slot machines and table games represents a 0.6% increase compared to June 2022.
However, the $163.7 million revenue figure is a monthly drop from the $169.4 million collected in May.
Maryland Lottery and Gaming releases separate reports for the state’s retail and online sports betting.
Maryland casinos contribute $69.4 million in state taxes
Casino gaming contributed $69,430,233 to the state in June 2023, a 1.6% increase from June last year.
Contributions to the Education Trust Fund in June 2023 were $50,433,185. The figure is a 1.5% yearly increase ($764,425). It brings the total contributions for that purpose to more than $250 million in 2023.
Casino gaming revenues also support:
- The communities and jurisdictions where the casinos are located
- Maryland’s horse racing industry
- Small, minority- and women-owned businesses
MGM National Harbor remains the top Maryland casino
Maryland’s six privately owned casinos offer both slot machines and table games.
According to MLG’s June revenue report, the gaming revenue totals are:
- MGM National Harbor in Prince George’s County: $69.0 million, a yearly increase of $632,428 (0.9%)
- Live! Casino & Hotel in Anne Arundel County: $57,98 million in June 2023, a 3.5% yearly increase ($1,979,637)
- Horseshoe Casino in Baltimore City: $15,94 million, a 6.5% yearly decrease (-$1,110,637)
- Ocean Downs Casino in Worcester County: $8,68 million, a 1.5% yearly increase ($125,524)
- Hollywood Casino Perryville in Cecil County: $6,95 million, a 5.9% decrease year-over-year (-$433,399)
- Rocky Gap Casino in Allegany County: $5,12 million, a 4.1% decrease ($221,622) from June last year
June was not so prosperous for Maryland casinos
Maryland casinos had a great start to 2023, generating $167.3 million in January. Then, there was a slight revenue dip in February. The revenue continued to increase in the coming months until June.
Here’s an entire scope of the revenue Maryland casinos generated from the beginning of the year:
- January: $167.27 million
- February: $157.06 million
- March: $176.52 million
- April: $174.74 million
- May: $169.40 million
- June: $163.72 million