Maryland casinos’ January revenue close to flat year-over-year

Thursday, February 6, 2025 1:35 PM
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  • Charlotte Capewell, Special to CDC Gaming

Maryland casinos generated more than $151.8 million in gaming revenue in January, down 0.9 percent compared to $153.2 million reported in January 2024.

The Maryland Lottery and Gaming report also revealed Maryland’s six casinos contributed $63.7 million to the state last month, a 0.8 percent increase from the previous year.

Of this, $45.9 million went towards the state’s Education Trust Fund, up 0.7 percent from January 2023.

Out of the $153.2 million total, video lottery terminals produced more than $100.5 million in gross terminal revenue, and table games generated $51.2 million.

Three casinos reported revenue increases in January. Rocky Gap Casino had the largest year-over-year growth, generating $3.3 million in revenue, a 3.8 percent increase.

This was followed by MGM National Harbor Casino, which produced more than $67.5 million last month, the highest out of all six casinos, and a 2.3 percent increase from January 2024. Hollywood Casino reported $6.6 million, a 1 percent increase.

Live! Casino & Hotel, Horseshoe Casino and Ocean Downs Casino all reported a decline in revenue with Horseshoe Casino having the biggest year-over-year decrease, a 7.8 percent drop.

Maryland’s casino gaming revenue also had a monthly decrease of 7.5 percent, dropping from $164.1 million in December 2024.

Charlotte Capewell brings her passion for storytelling and expertise in writing, researching, and the gambling industry to every article she writes. Her specialties include the US gambling industry, regulator legislation, igaming, and more. As a fan of all things F1-related, she roots for her favorite team, Aston Martin, every race weekend. Charlotte also follows motorsport news closely and is keen to write about the latest news in the sports betting industry.