Maryland Casinos Generate More Than $174 Million In Gaming Revenue In July

Written By Paul Costanzo on August 7, 2023
Maryland casino revenue

Maryland’s six retail casinos generated $174.3 million in revenue from slot machines and table games in July. That number is up more than $10 million from June, but down 4% from a record setting month in July of 2022.

A year ago, Maryland casinos had their second best month in the industry’s 13-year history with $181.5 million in revenue. At the time, it was actually first, but was surpassed in October. While July 2023 didn’t match that, it came relatively close.

More than $73 million was contributed to the state in tax revenue, while $52.7 million was contributed to the Education Trust Fund. That pushed the 2023 total to over $360 million in contributions to the fund.

MGM National Harbor leads revenue race, Live! sees yearly uptick

MGM National Harbor continued to the revenue leader among Maryland casinos, bringing in $72.2 million in revenue. That number is down, however, by a little more than $5 million from a year ago.

Live! Casino & Hotel was second among the six with $62.7 million in revenue. It was the only Maryland casino to see a rise in revenue from July 2022, as it increased by about $1.2 million, or 1.9%.

Here’s how the rest of the Maryland casinos fared:

Maryland casinos ahead of 2022 pace overall

While July couldn’t match July of 2022, it does leave Maryland casinos slightly ahead of their 2022 pace overall.

Through July of 2023, the six casinos have combined for $1.183 billion in gaming revenue. A year ago, they were at $1.181 billion at this same point.

Slot games at the casinos are overperforming their 2022 numbers by about $16 million in 2023. That makes up for table games being down about $14 million.

With July being the start of a new fiscal year, however, Maryland casinos will have some catching up to do in the following 11 months to match FY 2022-23.

It could be helped starting this month with the influx of patrons attending Maryland casinos for upcoming poker tournaments.

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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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