Maryland’s casinos saw a slight dip in revenue in January despite growth at the US state’s largest gaming venue.
Maryland’s six casinos brought in a combined $151.8m in gaming revenue during the first month of 2025, according to Maryland Lottery and Gaming. A year-on-year fall of 0.9% was a repeat of the decline reported in December 2024.
MGM National Harbor retained its position as the highest-earning casino in the state, posting $67.6m in revenue. The facility, which boasts a 135,000 sq ft gaming floor, saw a 2.3% year-on-year increase in revenue.
However, Live! Casino & Hotel, the second-largest operator, reported a decline of 2.9% to $55.1m, following a 2.4% drop in December.
It was another month of decline for Horseshoe Casino Baltimore, which recorded the largest percentage decrease. Revenue fell by 7.8% year-on-year to $13.4m, following a 12.9% drop in December.
Despite the overall decline, state contributions from gaming revenue rose by 0.8% to $63.7m, with $46.0m allocated to the Education Trust Fund, which supports public education initiatives.
In the current financial year, which began in July 2024, gaming revenue is up 1.5% year-on-year to $1.14bn.
