Maryland’s casino industry had an uptick in revenue in December from the previous month and also from the same month in 2022.
For December 2023, total revenue generated by the state’s six casinos was almost $165.63 million. That was an increase of 5% from November (when it was about $157.72 million) and slightly up 0.3% from December 2022 (about $165.18 million).
The December Maryland sports betting report will land later this month.
Money paid to the state in December 2023 from casino revenues was $70.2 million, with about $50.66 million of that going toward the Education Trust Fund. While the lion’s share of casino tax money goes toward education in Maryland, other money goes toward assisting the communities and jurisdictions where the casinos are located, as well as to the state’s horse racing industry, and to small, minority- and women-owned businesses.
Maryland online casinos are not yet legal.
Edge in Revenue to 2022
For the full calendar year of 2023, Maryland’s casinos had revenues of about $1.98 billion, down 3.3% from the 2022 calendar year ($2.05 billion).
Revenues for the six casinos in December 2023 were:
- MGM National Harbor in Prince George’s County, $70,838,343
- Live! Casino & Hotel in Anne Arundel County, $60,568,027
- Horseshoe Casino Baltimore, $15,195,309
- Hollywood Casino Perryville in Cecil County, $7,593,575
- Ocean Downs Casino in Worcester County, $7,007,033
- Rocky Gap Casino in Allegany County, $4,426,876.
Count on BetMaryland.com for monthly revenue reports as well as for information on Maryland sports betting promos.
