Maryland's six casinos generated a total of $162.9 million in revenue from slot machines and table games in June 2024, reflecting a marginal decline of 0.5% from the previous year. The combined revenue fell by approximately $802,798 compared to June 2023, despite varied performances across the individual establishments.
The state's financial contributions from casino gaming experienced a slight increase, totaling $69.8 million in June 2024, up by $412,462, or 0.6% from June 2023. These funds benefit various sectors, including the Education Trust Fund, which received $50.4 million, a slight decrease of $63,342 compared to the previous year.
Maryland hosts six privately owned casinos, each contributing to the state's economy and community projects. These are MGM National Harbor, Live! Casino & Hotel, Horseshoe Casino Baltimore, Ocean Downs Casino, Hollywood Casino Perryville, and Rocky Gap Casino Resort. Each venue offers a combination of slot machines and table games, providing both entertainment and financial benefits to their local areas.
The performance of individual casinos in June 2024 was mixed:
- MGM National Harbor led with $68.2 million in revenue, though it saw a decrease of 1.3% from the previous year.
- Live! Casino & Hotel reported a revenue of $60.4 million, marking an increase of 4.2%.
- Horseshoe Casino faced the steepest decline, with revenues dropping by 11.5% to $14.1 million.
- Ocean Downs Casino and Rocky Gap Casino also experienced declines of 6.3% and 10.3% respectively.
- Hollywood Casino, however, showed an 8.2% increase, earning $7.5 million.
The casinos not only cater to gamblers but also support Maryland's horse racing industry and small, minority- and women-owned businesses. The detailed revenue and contribution charts for each casino are accessible online, providing insights into both fiscal and calendar year-to-date totals.
While the overall casino revenue experienced a slight downturn, the state's benefit from these activities continues to be significant, supporting various educational and community projects.
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