Maryland Casinos Set New Monthly Revenue Record in July

Spread the Word:

Maryland casinos have posted a new gaming record in July by posting a total of more than $180 million through the six facilities in the state. Since March it has been the third time the state’s casinos have generated new gaming records.

Gross gaming revenue (GGR) from the state’s six casinos generated a total of $181.1 million in July, breaking the previous record of $172.4 million posted in May. Last month’s casino revenue also represented 28.7% in the year-over-year comparison.

Casinos began to operate at 50% capacity last July, the first full month that the gaming venues were allowed to open after being shuttered in March 2020 due to the pandemic.

Maryland casinos set gaming revenue records in March and May, and five of the top six single-month totals in the all-time history of Old Line State’s casinos have come this year alone.

The state government generated $77.3 million of July’s gaming revenue from casinos, with the lion’s share going to Maryland’s Education Trust Fund.

Further Detail

Of the total GGR, slot machines won $122.7 million, and tables games took in $57.4 million in July. The increased revenue allowed the state’s Education Trust Fund to raise over $56.2 million in July from casinos.

Casino revenues also support the communities and jurisdictions where the gaming properties are situated, in addition to the state horse racing industry and minority- and women-owned businesses.

The pandemic-led restrictions had forced many gamblers for the greater part of the last year to stay at home. However, Maryland Gov. Larry Hogan lifted all remaining COVID-19-related operating restrictions on gaming venues in mid-March, the first month that the state’s six casinos saw record revenue of $169.1 million.

Revenue By Casino

MGM National Harbor, the largest casino in Maryland, saw $72.3 million in gaming revenue in July, representing a 38.2% increase in the year-over-year comparison.

Live! Casino & Hotel generated $62.9 million in gaming revenue last month, up 22.1% from a year prior.

Horseshoe Casino Baltimore – the second-largest casino in Old Line State with a 122,000-square-foot gaming floor – also recovered from continuous declines in gaming revenue. The Caesars-owned casino had been reporting dipping casino numbers over the past five years until the trend was reversed this July.

Horseshoe Baltimore reported a GGR of $19.34 million, a gain of 22.4% on July 2020. The number, however, was almost the same from July 2019 when Horseshoe had seen $19.38 million.

Even better days are ahead for Horseshoe Baltimore as Maryland has legalized sports betting and prepares to launch by this fall. The Caesars-owned casino is located few steps away from M&T Bank Stadium, where the Orioles and Ravens play their home games.

Maryland’s other three smaller casinos, Hollywood Casinos, Ocean Downs, and Rocky Gap Casino all had also seen a rise in year-over-gaming revenue in July.

Related News

October 21, 2020

Maryland Voters Play Kingmakers in Sports Betting Legislation

Residents in Maryland will have a kingmaking role in deciding whether or not the state should go ahead with sports betting legislation. This coming November, people will be asked Maryland’s […]

read more
Maryland sign
April 11, 2021

Maryland Committee Sends Amended Sports Betting Bill to Full Senate

The Maryland Senate committee unanimously approved an amended sports betting bill sent by the House of Delegates. The amended version of HB 940, which is far more inclusive than the […]

read more
Maryland state capitol and state flag
June 17, 2021

PointsBet Enters Maryland Sports Betting Via Riverboat Group

PointsBet has secured access to online and retails sports betting in Maryland after reaching a 10-year agreement with the Riverboat Group. Maryland has recently legalized sports betting and hopes to […]

read more
November 20, 2019

Maryland Charitable Gaming Laws

§ 12-106. Raffles (a) Charitable organization. —(1) Notwithstanding any other provision of this subtitle, Subtitle 2 of this title, or Title 13 of this article and except as otherwise provided […]

read more
Maryland General Assembly
March 3, 2021

Every Stakeholder in Maryland Seeks Mobile Sports Betting License

As Maryland sports betting is shaping up in both chambers, it appears that every stakeholder wants a share in the mobile license. On Thursday, Maryland House Ways and Means Committee […]

read more
Betting on football
November 6, 2020

Louisiana, Maryland & South Dakota Pass Sports Betting Bills

Three more states – Louisiana, Maryland, and South Dakota – decided to allow sports betting through citizens’ vote on Tuesday’s election. All three markets are expected to launch sports betting […]

read more
Maryland General Assembly
May 22, 2021

Governor Hogan Signs Maryland Sports Betting into Law

Maryland Gov. Larry Hogan signed into law on Tuesday a sports betting bill allowing both retail and online betting in the state. The executive signature comes over a month after […]

read more
Maryland General Assembly
August 17, 2021

Maryland Sports Betting Launch Will Miss Start of Football Season

Despite the best efforts by regulators, Maryland sports betting will miss the start of the NFL season, according to a recent statement by Gov. Larry Hogan. On Monday, Maryland’s Sports […]

read more
Maryland General Assembly
July 5, 2021

Maryland Names Sports Wagering Application Review Commission

Maryland sports betting took a critical step on Wednesday as the governor filled out the remaining seats of the commission tasked to award sports betting licenses. Gov. Larry Hogan appointed […]

read more
Maryland General Assembly
August 21, 2021

Maryland Sports Betting Launch Will Miss Start of Football Season

Despite the best efforts by regulators, Maryland sports betting will miss the start of the NFL season, according to a recent statement by Gov. Larry Hogan. On Monday, Maryland’s Sports […]

read more
Live! Casino
November 12, 2020

Maryland Posts $142M Casino Revenue Despite 50% Capacity

Despite a 50% operational limit due to the coronavirus, Maryland reported $142.7 million in gaming revenue in the month of October. Combined revenue at Maryland’s six casinos last month was […]

read more
Maryland General Assembly
July 19, 2021

Maryland Regulators Approve New Sports Betting Guidelines

Last Thursday, the Maryland Lottery and Gaming Commission unanimously approved its drafted sports betting rules, keeping the state on track for a fall launch. The 228-page draft spells out how […]

read more

Stay Updated & Receive Exclusive Offers

Be the first to know when new states legalize online gambling and gain access to exclusive casino and sports betting promotional offers.