- Maryland Casinos generated a total of $178.8 million in total gaming revenues for the month of May 2022.
- The amount is the state’s second-biggest ever monthly total, just short of the record of $180.1 million in July 2021.
- MGM National Harbor led the way with $75.9 million in May 2022 revenues.
Maryland casinos produced their second-best month ever as far gaming revenues are concerned.
Maryland’s casinos raked in $178.8 million in gaming revenue in May, the Maryland Lottery and Gaming Control Commission said Monday, making it the state casino program’s second-best month ever.
— WJZ | CBS Baltimore (@wjz) June 6, 2022
According to the Maryland Lottery and Gaming Control Board, the state’s six casinos raked in $178.8 million in gaming revenue during the month of May 2022. The amount is slightly lower than Maryland’s monthly casino revenue record of $180.1 million in July 2021.
$53.4 Million in Contributions to Maryland Education Trust Fund
2022 saw an increase of 3.7% increase in revenue, with the six casinos generating an expected revenue of $172,394,450. This time last year, MGM National Harbor and Horseshoe Casino were operating at 50% capacity due to the existing COVID-19 restriction. However, by May 17, 2021, none of the six casinos were operating with capacity limitations.
Contributions to the Maryland Education Trust Fund in May 22 totaled $53.4 million, a $137,334 or 0.3% increase from the May 2021 numbers. Revenues from casino gaming also support the communities where the casinos are located, the Maryland horse racing industry, and small, minority, and women’s owned businesses.
MGM National Harbor Led the Way
Leading the way in casino revenues is MGM National Harbor which generated $75.9 million or an increase of $7.5 million or 11.11% from May 2021. Next was Live! Casino & Hotel with $62.7 million or an increase of $1.3 million or 2.2 from the same month last year. The rest of the other casinos reflected a decrease from their May 2021 figures.
Horseshoe Casino was a far third with $17.6 million or a decrease of $1.8 million or -9.4%. Oceans Down Casino reported an $8.5 million revenue in May 2022 which was a $90,517 decrease of -1.1% decrease from the previous year’s performance. Hollywood Casino was next to last with $8.2 million or a decrease of $275,874 or -3.2% while Rocky Gap Casino had $5.6 million or $331,531 or -5.5% versus May 2021.