Maryland Gambling Revenues top $165 Million as Casinos Prepare for Sports Betting Launch

And... Maryland sports betting could potentially launch by the end of the year.

by - Thursday, October 7th, 2021 9:16

casino gaming revenue

The latest revenue report from the Maryland State Lottery and Gaming Control Commission has revealed that the state’s six casinos combined to generate $165.3 million in gambling revenue during the month of September. The latest figures mark an increase of 15.1% ($21.7 million) on the same period in 2020.

The commission reported that contributions to the state during the month of September totaled $68.9 million, up over $9.2 million on the same period in 2020. However, it also noted that casinos were operating at just 50% capacity during September 2020. Of the $68.9 million paid to the state, over $50 million went to the Maryland Education Trust Fund.

The monthly report gives a breakdown of September revenues for each of the state’s six licensed casinos.

MGM National Harbor — $69,496,983 up 20.9% from September 2020

Maryland Gambling Revenues top $165 Million as Casinos Prepare for Sports Betting Launch — $56,496,012 up 14.9% from September 2020

Maryland Gambling Revenues top $165 Million as Casinos Prepare for Sports Betting Launch — $17,532,299.25 down 0.5% from September 2020

Ocean Downs Casino — $9,034,196.09 up 17.4% from September 2020

Hollywood Casino — $7,465,134.40 up 11.1% from September 2020

Rocky Gap Casino — $5,363,413.14 up 6.4% from September 2020

While the state casinos’ combined gaming revenue dropped slightly from the $168 million generated in August, the industry as a whole has enjoyed a relatively successful summer period.

Maryland Gambling Revenues top $165 Million as Casinos Prepare for Sports Betting Launch

With the Commission due to meet again on October 14th, Maryland sports betting could potentially launch by the end of the year.

Ciaran McEneaney
Maryland Gambling Revenues top $165 Million as Casinos Prepare for Sports Betting Launch