Maryland’s six casinos generated $161,398,690 in revenue from slot machines and table games during August 2023. The figure is almost $8 million down or 4.7% less than in August last year.
The number also represents a 7.3% monthly drop from July’s 174.3 million. In terms of casino revenue, August was the state’s second weakest month after February, and here’s how it compares to other months 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
- July $174.32 million
- August: $161.4 million
Maryland Lottery and Gaming will release a separate report for the state’s retail and online sports betting.
Maryland earns $68.1M in casino gaming taxes for August
Throughout August, casino gaming contributions to the state totaled $68.1 million, representing a 3.9% decrease compared to August 2022.
The figure is a nearly 7% monthly decrease compared to the $73.2 million collected in July.
MGM National Harbor ranks no.1 again
MGM National Harbor remains the leader among Maryland casinos, generating over $68 million in revenue. The largest gaming floor in the state, Live! Casino & Hotel came in second.
According to the Maryland Lottery and Gaming August 2023 report, here’s how revenue totals for Maryland’s six privately owned casinos compare:
- MGM National Harbor (2,301 slot machines, 209 table games): $68.4 million, a 4.8% decrease from August 2022
- Live! Casino & Hotel (3,853 slot machines, 179 table games): $55.0 million, a 3.1% yearly decrease
- Horseshoe Casino (1,410 slot machines, 122 table games): $15.4 million, a 10.6% decrease from August last year
- Ocean Downs Casino (866 slot machines, 19 table games): $10.0 million, a 4.5% annual decrease
- Hollywood Casino (671 slot machines, 19 table games): $7.1 million, a 1.2% decrease from August 2022
- Rocky Gap Casino (621 slot machines, 16 table games): $5.4 million, a 6.9% yearly decrease
All gaming venues in the state saw declines compared to the same month in 2022.
Maryland casinos contribute $49M to the Education Trust Fund
During August, more than $49 million went to the state’s Education Trust Fund. According to the Maryland Lottery and Gaming, the figure is a decrease of 4.6% compared to August 2022.
It is also a monthly drop from July’s $52.7 million, as well as June’s $50.4 million. Gaming revenues from Maryland casinos continue to support:
- Communities and areas where the casinos are located
- Maryland’s horse racing industry
- Small, minority- and women-owned businesses
