Around Maryland, Business, Education, Entertainment

Maryland casinos generate $157 million in gaming revenue in February

BALTIMORE, MD—Maryland’s six casinos combined to generate $157,055,925 in revenue from slot machines and table games during February 2023, Maryland Lottery and Gaming announced on Monday. The total represents a decrease of $5,909,379 (-3.6%) compared to February 2022.

Casino gaming contributions to the state in February 2023 totaled $66,923,277, a decrease of $1,313,782 (-1.9%) compared to February 2022.

Contributions to the Education Trust Fund (ETF) in February 2023 were $48,655,992, a decrease of $986,121 (-2.0%) compared to February 2022. 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.

Maryland’s six privately owned casinos offer both slot machines and table games: 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; and Rocky Gap Casino Resort in Allegany County.

The gaming revenue totals for February 2023 are as follows:

MGM National Harbor (2,112 slot machines, 209 table games)
$65,597,173 in February 2023, a decrease of $239,930 (-0.4%) from February 2022

Live! Casino & Hotel (3,839 slot machines, 179 table games)
$55,697,859 in February 2023, a decrease of $3,740,200 (-6.3%) from February 2022

Horseshoe Casino (1,448 slot machines, 130 table games)
$16,290,547 in February 2023, a decrease of $1,427,596 (-8.1%) from February 2022

Hollywood Casino (700 slot machines, 19 table games)
$7,302,105 in February 2023, a decrease of $564,527 (-7.2%) from February 2022

Ocean Downs Casino (848 slot machines, 19 table games)
$6,836,983 in February 2023, an increase of $244,570 (3.7%) from February 2022

Rocky Gap Casino (615 slot machines, 16 table games)
$5,331,258 in February 2023, a decrease of $181,697 (-3.3%) from February 2022

Details on each casino’s gaming revenues and contributions to the State of Maryland are included in the attached charts, and both fiscal and calendar year-to-date totals are available online here (PDF).

Photo via Pixabay

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