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