Maryland casino revenue falls 2.6% during February 2025
MGM National Harbor was the only property in Maryland to report an increase in revenue year-over-year, rising by 0.1% for a total of $66.9m during February 2025.
Key Points
- Despite the decrease in revenue year-over-year during February, the state’s FYTD revenue was reported to be $1.3bn, which represents an increase of 0.9% from the prior FY period
- Rocky Gap Casino, which generated the lowest amount of revenue during February 2025 with $3.9m, also saw the largest decrease of any property, falling by 10.5% year-over-year
Maryland Lottery and Gaming has released the state’s casino revenue throughout February 2025, which was reported to be $155.2m during the month, representing a decrease of 2.6% from the prior year period.
Maryland’s six privately owned casinos offer both slot machines and table games, including MGM National Harbor, Live! Casino & Hotel, Horseshoe Casino Baltimore, Ocean Downs Casino, Hollywood Casino Perryville and Rocky Gap Casino Resort.
MGM National Harbor was the only property in Maryland to generate an increase in revenue year-over-year during February 2025, rising by 0.1% for a total of $66.9m. Live! Casino & Hotel was the only gaming facility outside of MGM National Harbor to generate more than $15m in revenue for the month, but decreased by 3.9% from the prior year period to $57m.
Horseshoe Casino managed to generate $14.1m during February 2025 while Hollywood Casino accounted for $7.1m, representing decreases of 5.8% and 3.5% year-over-year, respectively. Ocean Downs Casino reported $6.1m of revenue for the month, decreasing by 3.9% from the prior year period, with Rocky Gap Casino witnessing the least revenue of any Maryland property during February – $3.9m – as well as the largest decrease at 10.5% year-over-year.
Good to know: Maryland Lottery and Gaming reported on February 10 that the state increased its sports wagering revenue by 2.6% year-over-year during January 2025 for a total of $82.1m
Casino gaming contributions during the month were reported to be $65.2m, falling by 3.8% from the prior year period, as nearly $47.1m of the contributions were given to the state’s Education Trust Fund. Casino gaming revenues also support the communities and jurisdictions where each is located, Maryland’s horse racing industry and small, minority- and women-owned businesses.
MGM National Harbor
Live! Casino & Hotel
Horseshoe Casino
Hollywood Casino
Ocean Downs Casino
Rocky Gap Casino
Despite casino revenue decreasing year-over-year for February 2025, the state’s fiscal year-to-date (FYTD) revenue was reported to be $1.3bn, which represents an increase of 0.9% from the prior FY period.
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