Maryland's Casino Revenue in April: Impressive Showcase

April's Highlights

MGM National Harbor emerged as the leading performer, accumulating $75.5 million in earnings, signifying a 7% upswing from the previous year. Live Casino & Hotel closely followed with $60+ million, experiencing a noteworthy increase of 5.5%. However, Horseshoe Casino Baltimore experienced a minor setback, generating $16.4 million, representing a decrease of 13.2% compared to the same period in 2022.

In April, the casinos collectively made contributions amounting to $72.4 million, reflecting a growth of 0.7% from the preceding year. The Education Trust Fund received $52.6 million, indicating a rise of 0.8%. The income derived from the casinos aids in supporting schooling and provides benefits to local social groups, governmental entities, and the equestrian sports sector.

Although certain venues encountered minor declines in revenue, the sector as a whole remains vibrant. Rocky Gap Casino Resort, for instance, generated $5.4 million in April, demonstrating resilience despite a 6.8% decrease in comparison to 2022.

The dedication and commitment shown by the business owners in Maryland have contributed to the following:

• economic growth;
• better entertainment offerings;
• support to various sectors within the community.