Baltimore, January 9, 2026
In December 2025, Maryland’s six casinos reported a decrease in gaming revenue amounting to $159.8 million, which is a 2.6% decline from the previous year. This drop raises concerns about the gambling industry and its economic impact on local businesses and the community. While MGM National Harbor led in revenue, other casinos showed mixed performance. The state’s contribution from gaming revenues also decreased, affecting allocations to the Education Trust Fund. The casino revenue plays a crucial role in supporting various community initiatives in Baltimore.
Baltimore’s Casino Revenue Takes a Dip in December 2025
In December 2025, the gaming landscape in Maryland experienced a setback as the state’s six casinos collectively reported a gaming revenue of $159.8 million, reflecting a 2.6% decline from the previous year. This decrease raises questions about the current state of Maryland’s gambling industry and the broader economic implications for small businesses and overall community support.
Despite the decline, it’s essential to recognize the resilience of local entrepreneurs and the potential avenues for innovation and growth within the sector. By focusing on adaptive strategies and minimizing excessive regulations, Maryland can enhance its business climate, fostering a more robust economy that benefits not just the casinos but the entire community.
Impact on State Contributions and the Education Trust Fund
The state’s share from casino gaming in December 2025 totaled $67.9 million, marking a decrease of 2.8% compared to December 2024. Of this amount, $49.0 million was directed to the Education Trust Fund, which faced a similar 2.8% decline year-over-year. Such contributions play a vital role in funding educational programs across Maryland, highlighting the interconnectedness of casino revenues and public welfare.
Overview of Fiscal Year 2026 Performance
During the first half of Fiscal Year 2026 (July through December 2025), Maryland’s total casino gaming revenue reached $968.1 million, resulting in a 1.8% decrease when compared to the same timeframe in Fiscal Year 2025. State contributions for this period totaled $415.6 million, which represents a decline of 1.5% year-over-year. It is crucial for regulators and business leaders to engage in dialogue to explore strategies that can stimulate revenue growth moving forward.
Casino Performance Breakdown
Across the six casinos, performance varied significantly. MGM National Harbor led the pack with $68.4 million in revenue, but this figure is down 7.2% compared to the previous year. Live! Casino & Hotel followed closely with $58.8 million, reflecting a minor decline of 0.6%. Meanwhile, Horseshoe Casino reported a positive trajectory with a revenue increase of 12.2%, totaling $14.9 million. Other notable performances include Hollywood Casino Perryville at $6.9 million (down 2.1%), Ocean Downs Casino at $6.8 million (down 3.3%), and Rocky Gap Casino Resort at $3.9 million (up 1.4%).
Allocation of Casino Revenue
The revenue generated from casino gaming plays a pivotal role in supporting various state initiatives. These funds are allocated to the Education Trust Fund, local communities, the horse racing industry, and specifically to small, minority- and women-owned businesses. The commitment to these areas showcases the positive ripple effect of the casino economy on Maryland’s broader economic fabric.
Maryland’s Casino Landscape
Maryland is home to six privately owned casinos that offer a combination of slot machines and table games:
- MGM National Harbor in Prince George’s County
- Live! Casino & Hotel in Anne Arundel County
- Horseshoe Casino Baltimore in Baltimore City
- Ocean Downs Casino in Worcester County
- Hollywood Casino Perryville in Cecil County
- Rocky Gap Casino Resort in Allegany County
These venues contribute substantially to the state’s economy and assist various community initiatives, exemplifying the importance of private investment in public welfare.
Frequently Asked Questions (FAQ)
What was the total gaming revenue for Maryland’s casinos in December 2025?
Maryland’s six casinos reported a combined gaming revenue of $159.8 million in December 2025, a 2.6% decrease from the previous year.
How much did Maryland’s casinos contribute to the state in December 2025?
The state’s share from casino gaming in December 2025 was $67.9 million, a 2.8% decline from December 2024.
Which casino led in revenue during December 2025?
MGM National Harbor led with $68.4 million in December 2025 revenue, a 7.2% decrease from the previous year.
What are the primary beneficiaries of Maryland’s casino gaming revenues?
Casino gaming revenues support various state programs, including the Education Trust Fund, local communities, Maryland’s horse racing industry, and small, minority- and women-owned businesses.
Which casinos are included in Maryland’s six privately owned casinos?
Maryland’s six privately owned casinos are:
- MGM National Harbor in Prince George’s County
- Live! Casino & Hotel in Anne Arundel County
- Horseshoe Casino Baltimore in Baltimore City
- Ocean Downs Casino in Worcester County
- Hollywood Casino Perryville in Cecil County
- Rocky Gap Casino Resort in Allegany County
Key Features of Maryland’s December 2025 Casino Revenue Report
| Feature | Details |
|---|---|
| Total Gaming Revenue | $159.8 million, a 2.6% decrease from December 2024 |
| State Contributions | $67.9 million, a 2.8% decline from December 2024 |
| Education Trust Fund Allocation | $49.0 million, down 2.8% year-over-year |
| Fiscal Year 2026 Performance | Revenue of $968.1 million, a 1.8% decrease from the same period in Fiscal Year 2025 |
| Top-Performing Casino | MGM National Harbor with $68.4 million in revenue, a 7.2% decrease from the previous year |
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