Maryland Casinos Bring In Nearly $175 Million In April Revenue

Written By Paul Costanzo on May 5, 2023
Maryland casino revenue

Maryland casinos generated $174.7 million in revenue from slot machines and table games in April, the sixth-best month all-time for the state.

That total is up almost $4 million from April 2022, a 2.3% increase. Casino gaming contributions to the state of Maryland were $72.4 million.

MGM National Harbor, Live! Casino lead Maryland Casinos in April

Maryland’s two biggest privately-owned casinos paced the state’s year-over-year growth in April.

MGM National Harbor brought in $75.5 million during the month, a 7% increase from a year ago. That number is also higher than its March total, despite having one less day on the calendar.

Live! Casino & Hotel also got a big yearly bump, bringing in $62 million for a 5.5% jump over 2022.

Maryland’s other four casinos experienced yearly declines, with Horseshoe Casino seeing a 13.2% drop year-over-year.

Here are the totals for each:

  • Horseshoe Casino: $16.4 million (down 13.2% YoY)
  • Ocean Downs Casino: $7.9 million (down 3.7%)
  • Hollywood Casino: $7.5 million (down 11.6%)
  • Rocky Gap Casino: $5.4 million (down 6.8%)

Education Trust Fund contribution up slightly

The April contribution to the Maryland Education Trust Fund was up slightly from a year ago. Maryland casinos contributed $52.6 million to the fund, which is up 0.8% from April 2022.

Maryland casino gaming revenue also supports the communities and jurisdictions in which the casinos are located, Maryland horse racing, and small, minority- and women-owned businesses.

April 2023 enters top 10 revenue months for Maryland casinos

April became the second top 10 revenue month this year for Maryland casinos, slotting in just behind March.

While it’s well off the record of $212.9 million set in October 2022, it does become the 10th month in which more than $170 million was won by the state’s casinos.

If the year-over-year growth of each of the past two months is an indicator, May should find its way there, as well, as both May 2021 and 2022 are among the top 10 currently.

  • October 2022: $212.9 million
  • July 2022: $181.5 million
  • July 2021: $180.1 million
  • May 2022: $178.8 million
  • March 2023: $176.5 million
  • April 2023: $174.7 million
  • December 2021: $172.9 million
  • May 2021: $172.4 million
  • April 2022: $170.7 million
  • March 2022: $170.6 million
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Paul Costanzo

Paul Costanzo is the managing editor of PlayMaryland, and its sister site in the PlayUSA network, PlayMichigan. He has covered news and sports at various media outlets over the past 20 years. Paul works with a talented team at PlayMaryland to provide the latest news and information on the state's blossoming sports betting industry.

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