The revenue generated by Maryland’s casino operators has experienced a significant decline, according to the latest report. As it turns out, the state’s six casinos generated approximately $163.2 million in revenue from table games and slots – a figure that represents a decrease of $11.6 million year-on-year.
The gaming industry’s contributions to the state reflected the decrease in revenue and declined by almost $2.6 million to approximately $69.8 million.
The figures reported by the casinos show year-on-year declines across the board. Only one casino, namely the Hollywood Casino in Cecil County, managed to beat the odds and report a revenue growth. For context, that property’s revenue increased by 6% to $7.93 million.
In the meantime, the Live! Casino and Hotel in Anne Arundel Country, a property boasting some 3,800+ slots and approximately 180 table games, experienced a revenue decline of $1.14 million. Despite the slight decline, the property’s overall revenue still stood at $60.86 million.
Ocean Downs Casino in Worchester County, on the other hand, experienced a decline of 7,6% to $7.32 million. MGM National Harbor in Prince George’s County, meanwhile, reported a revenue decline of 9.8% to $68.8 million.
Horseshoe Casino in Baltimore reported a decline of 10.8%. Rocky Gap Casino in Allegany County got the worst of it as its revenue plummeted by 20.6%.
A Man Was Robbed at Horseshoe Baltimore
Speaking of Horseshoe Casino, the property recently became the site of an armed robbery. In late April, a man named Justin was approached by two masked robbers who pointed guns at his head and asked him to give them all of his valuables. Fearing for his life, Justin complied.
The man later told local news outlets that casino goers should feel safer than that. He questioned the property’s lack of security, saying that the garage is an obvious spot where criminals could strike. However, such areas of “real terror” are currently completely undefended.
In other news, Maryland continues its efforts to legalize online gaming. However, an iGaming bill was deferred to 2026 amid various setbacks.