Maryland casinos generate $164.1m during December 2024, but see decrease year-over-year

January 7, 2025
By
Leer en Español

Casino gaming contributions to the state during the period were reported to be just over $69.8m.

Key points:

- MGM National Harbor and Ocean Downs Casino were the only properties to report increases in gaming revenue throughout December 

- Horseshoe Casino and Rocky Gap Casino saw the largest decreases in revenue, dropping 12.9% and 11.9%, respectively 

Maryland Lottery and Gaming has reported the state’s gaming revenue for December 2024, with Maryland's six casinos combining to generate $164.1m, a decrease of over $1.5m year-over-year. 

Casino gaming contributions to the state were reported to be just over $69.8m, representing a 0.5% decrease from the prior year period. Over $50.4m of the contributions made during December 2024 were to the Education Trust Fund. 

Throughout the first six months of the fiscal year (FY) 2025, casino gaming revenue in Maryland is up 1.2% compared to the first half of FY2024. Contributions to the state are up 2.5% year-over-year, and contributions to the Education Trust Fund are up 2.6%.

Casino gaming revenues also support the communities and jurisdictions where the casinos are located, Maryland’s horse racing industry and small, minority- and women-owned businesses.

Of the six casinos to report gaming revenue to Maryland Lottery and Gaming, only MGM National Harbor and Ocean Downs Casino saw increases from the prior year period. MGM National Harbor increased by 4% year-over-year, reporting a gaming revenue of $73.6m. Ocean Downs Casino managed to increase its gaming revenue by 0.8% for a total of just under $7.1m. 

Good to know: The Maryland Lottery joined a group of lotteries around the US in support of the NCPG’s Gift Responsibly Campaign on November 26

Horseshoe Casino saw the biggest decrease in gaming revenue year-over-year, falling by 12.9% to be reported at $13.2m. Rocky Gap Casino decreased by 11.9% from the prior year period, reporting a gaming revenue of nearly $3.9m throughout December 2024. 

Live! Casino & Hotel saw its gaming revenue decrease by 2.4% year-over-year, reported to be $59.1m, while Hollywood Casino fell by 6% from the prior year period for a total of $7.1m. 

Each of Maryland’s six privately-owned casinos offer both slot machines and table games to players within the state.

State-by-State

Company Spotlight

Bragg Gaming

Bragg Gaming Group is a global content-driven iGaming technology provider, serving online and land-based gaming operators with its proprietary and exclusive content and cutting-edge technology.
Virtual Showroom

Supplier

Supplier

Supplier

Supplier

Supplier

Land-Based

Supplier

Industry Awards

Supplier

Supplier

GA Newsletter

Exclusive news, analysis, insights, and interviews delivered straight to your inbox

Rickard Vikström: How 2025 is shaping up for US iGaming

Internet Vikings CEO & Founder Rickard Vikström joins Gaming America to discuss the US online landscape in 2025.

CEO Special: Ray Pineault, Mohegan President & CEO

In the last 30 years, Tribal gaming has gone from fighting for a place at the table to having a permanent seat. Having been with Mohegan for 24 years, in this CEO Special edition of the Huddle we spoke to Mohegan President and CEO Ray Pineault, where we discussed: The importance of teamwork His early law career and coming to Mohegan Balancing work life and family life The development of Tribal gaming during his 24 years with Mohegan Mohegan's bid for New York What Mohegan means to him.

46-netrefer
NetRefer G2E Preview: Believing in US potential
David Buhagiar, NetRefer's Senior Manager of Marketing & Acquisitions, speaks to Gaming America about the company's first US client and its hopes for G2E.
44-Derik.Mooberry
Zitro G2E Preview: Aiming to be the leader
Gaming America speaks to Zitro USA CEO Derik Mooberry about the company's growing presence in global markets.
42-Gary.Ellis
Marker Trax and Koin G2E Preview: Finding solutions in payments
Marker Trax and Koin CEO Gary Ellis speaks on turning knowledge into action, with new offerings set to be displayed from the company at G2E 2024.
40-Kevin.Kilminster
Playtech G2E Preview: And it's live!
Kevin Kilminster, Chief Product Innovation Officer at Playtech Live, speaks to Gaming America about live casino and its rise in US prominence.

Another year approaches its end, as 2024 slowly becomes our past, 2025 the present and a wave of opportunity defines gaming's future. There is an air of change as the regulated gaming world looks to welcome a new entra...

8-10-From-the-top
From the top: Reflecting on the past and looking to the future of land-based casinos
Gaming America reviews the closures of the Mirage Hotel and Casino, as well as the Tropicana, but also keeps an eye on the future with Durango Casino and Resort GM David Horn.
36-41-Oliver-Lovat
Cover Feature: Exploring what might be next for land-based casinos
Nothing is new. Everything is new. Oliver Lovat, regular Gaming America columnist and resident Las Vegas expert, discusses what the next generation of casinos need to succeed, while also reflecting on Vegas' generational shift away from the Tropicana and Mirage.
42-43-Lefosse---Brazilian-Sports-Betting
Steadying the ship in LatAm's largest market
After regulatory limbo, sports betting in Brazil is moving towards legal certainty – by Eduardo Carvalhaes, partner in Public Law and Regulation at Lefosse, and Karen Coutinho, counsel in Public Law and Regulation at Lefosse.
44-45-Lazarus-Legal
Brazilian opportunity: The future of LatAm
Edwin Monzon, Managing Partner of Lazarus Legal, speaks to Gaming America about Brazil's upcoming iGaming and online sports betting regulation, assessing both the prospects and challenges involved.