Maryland casinos reported gaming revenue of $160.7 million in June, reflecting a 1.4% drop compared to June 2024’s $162.9 million. Additionally, revenue fell 8.9% from May’s figures. The Maryland Lottery and Gaming report highlighted that two out of the six casinos managed to increase their gaming revenue year-over-year.
Maryland Casinos and Their Revenue Performance
Ocean Downs Casino experienced the most significant percentage growth among Maryland casinos, with its revenue rising by 4.3% to reach $8.5 million, compared to $8.1 million the previous year. Horseshoe Casino also posted a modest revenue growth of 0.8%, generating $14.3 million, up from $14.1 million.
Meanwhile, Rocky Gap Casino’s revenue saw a slight increase of just $2,000, totaling $4.6 million. However, other casinos experienced a decline in revenue. MGM National Harbor, the leading revenue generator, brought in $67.2 million, a decrease of 1.4% from $68.2 million previously. Live! Casino & Hotel recorded $59 million in revenue, down 2.4% from $60.4 million. Additionally, Hollywood Casino saw a revenue decline of 3.7%, to $7.2 million from $7.5 million.
Regulatory Changes in Maryland’s Gambling Sector
The decline in land-based casino revenues coincides with the Maryland Lottery’s proposed changes to state sports betting regulations. The proposal aims to reduce the amount available for promotional bets, potentially impacting future gaming interactions.Read more news.
For the latest updates on Maryland casinos and gambling legislation, visit this page.
