Maryland’s six casinos reported a combined gaming revenue of $151.5 million from slots and table games in September, marking a 5% decrease compared to the same month last year, according to data released by the Maryland Lottery and Gaming Control Agency.
Contributions from casino gaming to the state treasury totaled nearly $65 million, reflecting a 10.7% decline year-over-year. Despite this reduction, Maryland casino revenues continue to play a role in funding state initiatives, including education and community programs.
Key takeaways:
- Maryland’s six casinos report a 5% revenue drop in September 2025.
- Revenue contributions to the state decrease by 10.7%, affecting public funding.
- Variations among properties highlight shifting industry dynamics.
Maryland Casino Revenues Continue Downward Trend
Figures for the first quarter of the 2026 fiscal year show a continued downward trend, with casino revenues down 3.1% and contributions to the state falling 2.3% compared with the same period in the previous fiscal year.
Funds from Maryland casino revenue support the Education Trust Fund, local communities, Maryland’s horse racing industry and minority- and women-owned businesses.
The six casinos operating in the state include MGM National Harbor, Live! Casino & Hotel, Horseshoe Casino Baltimore, Ocean Downs Casino, Hollywood Casino Perryville and Rocky Gap Casino Resort.
Revenue changes varied among the properties. MGM National Harbor and Live! Casino & Hotel, the state’s two largest operators, experienced declines of 5.6% and 7.8%, respectively.
In contrast, Horseshoe Casino Baltimore and Rocky Gap Casino Resort reported increases of 6.7% and 5.1%, respectively. Ocean Downs Casino, which had shown growth in prior months, saw a slight revenue decrease of 3.8% in September.
State Funding, Education Remain Core Priorities
In the broader fiscal context, the Maryland Lottery and Gaming Control Agency noted that in the 2025 fiscal year, combined proceeds from the Maryland Lottery, casinos, sportsbooks and fantasy sports operators contributed $1.589 billion to state programs. Education remains a primary recipient of these funds, receiving nearly $700 million to support public schools and infrastructure projects.
The agency continues to publish monthly financial reports and promotes responsible gaming initiatives, offering resources for problem gambling assistance. Maryland officials emphasize the importance of maintaining a stable gaming industry that supports the state budget despite fluctuations in revenue.
