The start of the new fiscal year for Maryland casinos is not exactly what operators were hoping for.
After three consecutive down months, the latest figures from the Maryland Lottery and Gaming Control Agency show that Maryland's six commercial casinos generated $165,661,894 in July.
Although these numbers might seem impressive, they represent a slight dip of about 2.5% from July 2024. Last year, the Free State's casinos raked in $169,821,310.
Casinos in Maryland not only saw numbers drop in May, but they also suffered a decrease in June and a slight drop in April. Looking back, March figures were also down year-over-year.
This month marked the beginning of the 2025 fiscal year, with the fiscal period running from July 1 through June 30, 2026.
Breaking Down the Maryland Casino Numbers
This revenue includes the combined takings from both slot machines and table games at all six gaming establishments in Maryland.
Traditionally, July tends to be one of the more lucrative months for the casinos due to increased visitor numbers driven by tourism and seasonal factors. However, the recent figures paint a slightly different picture for 2025.
Despite the year-over-year revenue decrease, casino gaming remains a vital contributor to various state funds and initiatives. The state contributed $71,857,827, reflecting a minor decrease of 0.4% from the previous year.
Of this amount, $51,742,064 was directed toward the Education Trust Fund, slightly down by 0.5% compared to July 2024. Additionally, casino revenues support local communities, Maryland's horse racing industry, and small, minority- and women-owned businesses.
Horseshoe Casino Baltimore Sees Revenue Increase
The news is not all bad.
Looking at how the individual casinos performed in July 2025, you'll find that Horseshoe Baltimore Casino fared the best, while Hollywood Casino also posted strong numbers, but MGM had an off month. Here's a look at the list:
- Horseshoe Casino Baltimore in Baltimore City experienced revenue growth, bringing in $14,415,536. This marks an impressive increase of 8.2% from July 2024.
- Ocean Downs Casino in Worcester County showed positive momentum, generating $10,236,754, up by 6.4%.
- Hollywood Casino Perryville in Cecil County collected $7,622,642, up by 4.5% from July 2024.
- Rocky Gap Casino Resort in Allegany County made $5,096,851, a slight increase of 1.1% year-over-year.
- MGM National Harbor in Prince George’s County, with 2,261 slot machines and 208 table games, reported $68,587,339 in revenue, down by 4.7% from July 2024.
- Live! Casino & Hotel in Anne Arundel County, featuring 3,832 slot machines and 179 table games, saw revenues of $59,702,771, a decrease of 4.6% from the previous year.
So July presented a mixed bag. MGM and Live! will be looking to bounce back in August.
Casino Games Carry On a Continued Legacy in Maryland
Since the inaugural opening of casinos in Maryland, cumulative gaming revenues have reached nearly $20 billion.
Much of this goes to the state’s Education Trust Fund, with additional funds allocated to casino operators, horse racing, local community support, and other predefined beneficiaries.
For an in-depth month-by-month breakdown and further insights into the distribution of these funds, the Maryland Lottery and Gaming Control Agency makes comprehensive reports available online.
As the regulatory body overseeing these operations, the agency plays a crucial role in ensuring transparency and guiding financial, security, and licensing processes across the state’s casinos.
Although July brought a slight dip in revenue compared to the previous year, Maryland’s casino industry remains a significant economic contributor, continuously supporting statewide initiatives and bolstering the local economy.
