Maryland’s October casino revenue figures are out, and they’re also up.
Maryland's six casinos generated $160,524,322 from slot machines and table games in October, reflecting a $712,557 (0.4%) increase compared to October 2023.
The casinos contributed $68,562,306 to the state, an increase of $1,307,235 (1.9%) from their contribution in October 2023. Maryland's six privately owned casinos include:
- MGM National Harbor in Prince George’s County
- Live! Casino & Hotel in Anne Arundel County
- Horseshoe Casino Baltimore in Baltimore City
- Ocean Downs Casino in Worcester County
- Hollywood Casino Perryville in Cecil County
- Rocky Gap Casino Resort in Allegany County
Maryland's casinos offer slots, table games, poker tournaments and other forms of entertainment.
Individual Casino Revenues Split
When you look at the year-over-year totals, you’ll find that three Maryland casinos: MGM National Harbor, Live! and Hollywood Casino are all up, while the other three saw their revenue decrease from the same time last year.
Here’s the complete breakdown of the figures:
- MGM National Harbor (2,288 slot machines, 211 table games)
- $69,188,622 in October 2024, an increase of $1,897,093 (2.8%) from October 2023
- Live! Casino & Hotel (3,833 slot machines, 179 table games)
- $58,663,905 in October 2024, an increase of $874,245 (1.5%) from October 2023
- Hollywood Casino (722 slot machines, 23 table games)
- $7,202,591 in October 2024, an increase of $492,036 (7.3%) from October 2023
- Horseshoe Casino (1,344 slot machines, 115 table games)
- $13,758,540 in October 2024, a decrease of $1,113,756 (-7.5%) from October 2023
- Ocean Downs Casino (868 slot machines, 19 table games)
- $7,336,583 in October 2024, a decrease of $892,357 (-10.8%) from October 2023
- Rocky Gap Casino (629 slot machines, 16 table games)
- $4,374,080 in October 2024, a decrease of $544,704 (-11.1%) from October 2023
Casino Tax Contributions in Maryland Top $6 Billion
They also contributed $49,460,899 to the Education Trust Fund in October 2024, an increase of $964,819 (2.0%) from the previous year.
This brings the total contributions to the Education Trust Fund to over $6 billion since September 2010, when Maryland’s first casino opened.
The money from casino gaming also benefits the local communities, Maryland's horse racing industry and small businesses owned by minorities and women.
Online Casinos Still Not Legal in Maryland
With the success of Maryland’s brick and mortar casinos, many are hopeful that online casino gambling will be next to receive regulatory approval.
There have been online casino bills, but none have made it very far. In fact, lawmakers revised the most recent bill several times before the House passed it with a 92-43 vote. However, the Senate did not pass it before adjourning in April due to strong opposition.
Physical casino operators, worried about losing revenue and jobs, were major opponents, with two of the state's six casinos voicing specific concerns. Winning the support of these two casinos could significantly boost the chances of regulation in the future, but lawmakers might have to make concessions.
Any changes to state laws need voter approval, which means new measures can't take effect until at least 2026. This delay allows lobbyists and lawmakers to improve their arguments and possibly gain the support of the two casinos that opposed the bill.
