Maryland Casino Revenue Declines in June as Fiscal Year Wraps Up
Overview of Maryland Casino Revenues in June 2025
In June 2025, Maryland’s six licensed casinos generated a total revenue of $160.67 million from slot machines and table games. This figure reflects a 1.4% decrease compared to the same month in the previous year.
Revenue Trends and Fiscal Year Summary
After a strong performance in May, where total revenue reached $176.4 million—marking a 1.9% increase—the June figures showed a minor setback. The gaming revenues contributed $68.54 million to the state, which is a 1.9% decline year-over-year. Of this amount, $49.42 million was allocated to the Education Trust Fund, representing a reduction of $954,000 compared to June 2024.
June 30 marked the end of Maryland Lottery and Gaming’s fiscal year 2025. Over the entire fiscal year, total casino revenue exceeded $1.8 billion, showing a slight increase of 0.5%. This growth is attributed to strong performances earlier in the year, particularly in May when MGM National Harbor recorded $75.4 million in revenue, a 4.3% rise from the previous year.
Impact and Future Outlook
Maryland’s casino revenues support various sectors beyond education, including funding local governments, the horse racing industry, and small businesses owned by minorities and women. As the state enters the new fiscal year in July, regulators and industry participants will monitor revenue trends to understand how economic and seasonal factors may affect future earnings.
June also brought notable changes in Maryland’s gambling landscape, including legal challenges by tribes regarding sports betting operations, highlighting ongoing regulatory dynamics within the industry.
Detailed Revenue Breakdown by Casino
Maryland’s six casinos offer a range of gaming options. Among these, MGM National Harbor and Live! Casino & Hotel—the largest in the state—both experienced revenue declines in June. MGM National Harbor’s revenue fell by 1.4% to $67.17 million, while Live! Casino’s revenue dropped 2.4% to $58.96 million.
In contrast, Ocean Downs Casino posted a 4.3% increase in revenue, reaching $8.48 million. Horseshoe Casino saw a modest 0.8% rise to $14.22 million. Revenue at Rocky Gap Casino remained unchanged, whereas Hollywood Casino Perryville experienced a 3.7% decrease.
Casino Revenue Figures for June 2025
- Hollywood Casino – $7.2 million
- Horseshoe Casino – $14.2 million
- Live! Casino & Hotel – $59 million
- MGM National Harbor – $67.2 million
- Ocean Downs Casino – $8.5 million
- Rocky Gap Casino – $4.6 million