Maryland Casino Revenues in as Regulator Reveals New Year Surprise

The Maryland State Lottery and Gaming Control Commission has released its latest monthly revenue report showing that the state’s casinos combined to generate $154.9 million in gaming revenue throughout the month of October.

The latest figures represent a 6.3% drop in revenue from the previous month but an 8.6% increase on October 2020’s revenue. However, the commission’s report also notes that casinos were operating at 50% capacity during October 2020 due to the global pandemic.

The monthly report also gives a detailed breakdown of revenues by casino:

Live! Casino & Hotel — $60,817,605 up 22.7% from October 2020
MGM National Harbor — $55,882,049 down -1.2% from October 2020
Ocean Downs Casino — $7,664,457 up 10.3% from October 2020
Rocky Gap Casino — $5,795,487up 10.5% from October 2020

Maryland Casino Revenues in as Regulator Reveals New Year Surprise

Following the meeting, Maryland Lottery and Gaming Control Agency Director John Martin said in a statement:

“We’re obviously disappointed by the lack of progress in yesterday’s SWARC meeting, but we’re pleased that we’ve moved forward in other areas. At this point, we are hoping to make the NFL playoffs in January and the Super Bowl in February.”

The statement also revealed that five sports betting operators and their casino partners have been approved and are now waiting for their licenses to be issued.

The five operator/casino partnerships that were approved are:

Caesars Sportsbook/Horseshoe Casino in Baltimore
FanDuel Sportsbook/Live! Casino & Hotel in Hanover
BetMGM/MGM National Harbor in Oxon Hill
TwinSpires/Ocean Downs Casino in Berlin

The operators could receive their licenses as early as November 18th allowing for an industry launch on January 1st 2022. Online casino gambling isn’t legal at present in the state.

Natasha Lyndon

Maryland Casino Revenues in as Regulator Reveals New Year Surprise