Gaming establishments in Maryland generated a substantial $143.8 million during September of 2018, reflecting a 6.9% upswing from the corresponding timeframe in 2017. This notable revenue escalation secured September 2018’s position as the fourth most lucrative month for the state’s gambling sector.
The opulent MGM National Harbor, situated in Prince George’s County, maintained its dominance as the leading revenue generator, exhibiting a 10.3% rise to reach an impressive $54.4 million. Concurrently, Ocean City Casino enjoyed the most significant annual growth at 13.9%, with earnings attaining $7.5 million.
Nevertheless, not every establishment shared in the prosperity of amplified profits. Rocky Gap Casino Resort encountered a marginal decrease of 1.3%, settling at $4.6 million, while Baltimore’s Horseshoe Casino saw a 1.6% downturn, registering $20.6 million in earnings.
This influx of casino proceeds translated into a considerable $59.5 million contribution to Maryland’s treasury, with a significant allocation of $44.6 million directed towards the Education Trust Fund. The remaining resources were channeled to support the communities accommodating these casinos and reinforcing Maryland’s equine racing sector.
Presently, Maryland hosts six privately held casinos, each presenting an enticing selection of slot machines and table games, attracting both residents and visitors.