#Education Trust Fund

Conduit Street

MD Casinos Generate $163 Million in February Revenue

MD Casinos Generate $163 million in February Revenue. Last month, Maryland’s six casinos generated $68.2 million. The money was contributed to the Education Trust Fund. In 2018, voters approved an amendment to State Constitution to safeguard State video lottery terminal revenues for education purposes.
Finance
MD Casinos Generate $163 Million in February Revenue
Yogonet

Maryland casino revenues see slight drop to $162.7M in June after May's second-best revenue record

Maryland's casinos have reported flat numbers in June after recording the second best month in May since market launch. Last month, the six casinos generated $162.7 million of gaming revenue, down from $178.8 million in the previous month. The majority of the money goes to the state's Education Trust Fund. MGM National Harbor was the top generator last month with $68.4 million, up 7. 4% from a year ago. Live! Casino & Hotel's gaming revenues were $56 million lower than a previous year. Horseshoe Casino in Baltimores reported $17.1 million.
Finance
Maryland casino revenues see slight drop to $162.7M in June after May's second-best revenue record
Yabby
Focus Gaming News Focus Gaming News 2 days
@FocusGamingNews

#MediaTroopers launches in #Maryland The digital marketing agency has started operating in the state after receiving a licence from the Maryland Lottery and Gaming Control Agency.

#MediaTroopers launches in #Maryland

The digital marketing agency has started operating in the state after receiving a licence from the Maryland Lottery and Gaming Control Agency.
Focus Gaming News Focus Gaming News 23 days
@FocusGamingNews

- ’s #casinos set #newgaming revenue record in October MGM National Harbor generated more than $115m, up 105.8 per cent from October 2021.

 - ’s #casinos set #newgaming revenue record in October

MGM National Harbor generated more than $115m, up 105.8 per cent from October 2021.
Conduit Street

MD Casinos Generate Nearly $163M in June Revenue

Maryland Lottery and Gaming reports that last month, the state's six casinos generated nearly $163 million in gaming revenue. The contribution to the Education Trust Fund in June 2022 was $49.7 million.
Finance
WTOP

Maryland’s casinos have biggest month ever

Maryland's six casinos generated $212.9 million in October. MGM National Harbor had the biggest amount on record. Results were mixed for the state's three smaller casinos. The state collects almost $80 million of October’s gaming revenue for various state programs.
Lottery
Maryland’s casinos have biggest month ever
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Conduit Street

MD Casinos Generate $169M in August Revenue

According to Lottery and Gaming, the total represents an increase of $892,605 (0.5 percent) compared to August 2021. Contributions to the Education Trust Fund in August 2022 were $51,496,162, a decrease of $293,463 (1.6 percent). Casino gaming revenues also support local communities and jurisdictions home to casinos, Maryland’s horse racing industry, and small, minority- and women-owned businesses.
Finance
WTOP

Maryland casinos just had the 4th-best month on record

Maryland casinos had $171 million in gaming revenue in April. It was the fourth-best month on record for casino gaming revenues. The largest share of that money goes to the state's Education Trust Fund. MGM National Harbor generated the most gaming money with $71 million. Live! Casino & Hotel at Arundel Mills had only $58.1 million, while Horseshoe casino had just $19 million of gaming income.
Lottery
Conduit Street

Maryland Casinos Generate Single-Month Revenue Record

Maryland Casinos Generate Single-Month Revenue Record. Last month, Maryland’s six casinos generated over $181.5 million in gaming revenue, contributing $76.1 million to the state. The contributions to Education Trust Fund totaled $55,273,437. Casino gaming revenues support local communities and jurisdictions home to casinos, horse racing industry, and small, minority- and women-owned businesses.
Finance
WTOP

Maryland casinos report loss in gaming revenue year over year

Maryland Lottery and Gaming reports the state's six casinos generated $159.3 million in gaming revenue in September. Most of the money goes to the Education Trust Fund. MGM National Harbor generated the most gaming revenues, $63.8 million. Live! Casino & Hotel had $56.7 million, up 0.6%. Horseshoe Casino in Baltimore had only $17.2 million of gaming income.
Finance
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WTOP

Maryland casinos see gaming revenue growth slow

Maryland Lottery and Gaming reports June gaming revenue of $68.4 million. Most of the money goes to the state's Education Trust Fund. MGM National Harbor generated the most gambling revenue in June, at $ 68.3 million, up 7. 4%. Live! Casino & Hotel generated $56 million less than a year ago. Horseshoe Casino in Baltimore had $17.1 million in gaming revenues.
Finance
Maryland casinos see gaming revenue growth slow
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Conduit Street

Maryland Casinos Report Second-Best Month Ever

Last month, Maryland's six casinos generated nearly $179 million in gaming revenue. The total represents an increase of $6,373,378 (3.7%) compared to May 2021. Last month's contributions from casino gaming revenues totaled $73.4 million, including $53.3 million for the Education Trust Fund.
Lottery
Maryland Casinos Report Second-Best Month Ever
WTOP

Maryland casinos have 2nd-best month ever

Maryland's six casinos generated $178.8 million in gaming revenue in May. It's the second-highest monthly gaming total since July 2021. MGM National Harbor led casinos with $76 million, while Live! Casino and Hotel had $62.7 million. Baltimore's Horseshoe Casino saw a 9.4% year-over-year decline in revenue.
Finance
Maryland casinos have 2nd-best month ever
Yogonet

Maryland's six casinos report $171M revenue in April, the state's fourth-best month on record

April was the fourth-best month on record for casino gaming revenue in Maryland. MGM National Harbor generated the most gaming revenues, with $71 million. Live! Casino & Hotel had $58.1 million in gaming Revenue. Horseshoe Casino had only $19 million, while Rocky Gap Casino and Ocean Downs had lower revenue. The largest share of the revenue went to the state's Education Trust Fund.
Finance
Maryland's six casinos report $171M revenue in April, the state's fourth-best month on record
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Yogonet

Maryland casino revenue rises 29% YoY to reach $163M in February

Maryland's six casinos brought in nearly $163 million in February. MGM National Harbor generated $65.8 million, followed by Live! Casino & Hotel at $59.4 million. The Horseshoe Casinowas the only other operator to reach eight figures at $17.7 million and Hollywood Casino in Perryville collected $7. 8 million; Ocean Downs Casino at Berlin collected $6.6 million while Rocky Gap Casino collected 5.5 million
Finance
Maryland casino revenue rises 29% YoY to reach $163M in February
Yogonet

Maryland casinos see $170M revenue in March with MGM National Harbor as top performer

Maryland casinos see $170M revenue in March with MGM National Harbor as top performer. Horseshoe Casino Baltimore and Hollywood Casino Perryville lost revenue compared to March 2021. The state's six casinos generated over $52.3M for the state’s Education Trust Fund. The report on the sports betting is expected in the coming weeks. Maryland hopes to have mobile betting licenses approved by September 2022.
Finance
Maryland casinos see $170M revenue in March with MGM National Harbor as top performer
WBAL TV

BWI-Marshall could get gambling, slot machines if bill passes

Bill would bring gambling, slot machines to BWI-Marshall Airport. Some travelers love the idea. The Maryland Aviation Administration is concerned about space. The bill has been introduced several times in the past without success. This year, supporters believe it has a chance of passing. Two airports in Nevada make upwards of $40 million a year off slots. Part of the slots money would go to the Education Trust Fund and to community around the facility. It would not compete with existing casinos. "I think it is a great opportunity for income for the state of Maryland for many, many years to come," Ric Metzgar, the bill's lead sponsor, said.
Finance
WBOC

Md. Casinos Generate $154.9M in Revenue During October

Maryland's six casinos generated $154,978,898 in gaming revenue during October 2021. Last month's total represents an increase of $12,660,085 compared to October 2020. Casino gaming contributions to the state in October 2019 were $59,933,270.
Finance
Md. Casinos Generate $154.9M in Revenue During October
WTOP

Maryland casinos had 2nd-best month ever

Maryland casinos had 2nd-best month ever. They generated $172.9 million in gaming revenue in December 2021. The record was $180.1 million set in July 2021, when casinos were operating under capacity restrictions. MGM National Harbor had the biggest year-over-year gain with $74.5 million. Horseshoe Casino had $17. 1 million, up 33.8% from a year earlier. Hollywood Casino, Ocean Downs, and Rocky Gap had year over-years gains of 9.4%, 32.0%, and 41.2%. Casinos contributed $71.7 million to the state's Education Trust Fund.
Lottery
Maryland casinos had 2nd-best month ever
WTOP

Live! Casino has topped MGM National Harbor in gaming revenue for only the 2nd time

Live! Casino & Hotel at Arundel Mills had $60.8 million in gaming revenue in October. It's only the second time since MGM National Harbor opened in December 2016 that Live! has topped it for full-month gaming revenues. Maryland Lottery and Gaming reports that six casinos generated $155 million gaming Revenue in the state in Oct.
Finance
Live! Casino has topped MGM National Harbor in gaming revenue for only the 2nd time
Baltimore Brew

Horseshoe Baltimore left in the dust as competitors gain ground

Horseshoe Casino in Baltimore reported $19.7 million in revenues last month. Live! Casino reported revenues of $58.2 million. MGM National Harbor in Prince George's County reported a 2.5% rise in revenue over April 2019. Hollywood Casino, Ocean Downs and Rocky Gap Casino also had good results.
Lottery
Horseshoe Baltimore left in the dust as competitors gain ground
Yogonet

Maryland casino revenue up 8% in October; Live! beats MGM for second time since 2017

The state's casinos took $155M last month. Live! Casino and Hotel became Maryland's top-earning venue at $60.8Million. It's the second time it has beaten MGM National Harbor since 2017 and the first time with full capacity. MGM reported $55.9M, down 1.2%. Horseshoe Casino came third with $17. 2M. Ocean Downs Casino, Ocean Down Casino ($7.7M), Hollywood Casino (7,6M) and Rocky Gap Casino placed sixth with $5.5M (up 10.
Finance
Maryland casino revenue up 8% in October; Live! beats MGM for second time since 2017
Gambling Insider

Maryland casino revenues exceed $165m in September 2021

Maryland's six casinos brought in a combined revenue of over $165m in September 2021. This is a 15% increase from the same month in 2020. The total casino gaming revenues for the 2022 fiscal year are up by 19% to nearly $514m from $433m. Video lottery terminals (VLTs) brought the bulk of the figure, netting a gross revenue more than $109m, while revenues from table games only amounted to $56m for that month. Casino gaming contributions stood at just shy of $69m and the lion’s share went to the state”s Education Trust Fund (ETF).
Finance
Maryland casino revenues exceed $165m in September 2021
Conduit Street

September Casino Gaming Revenue Tops $165M

Maryland's six casinos generated over $165 million in gaming revenue in September. The revenue was up 15 percent on September 2020. Last month's contribution from the casino gaming revenues was $69 million. $50.1 million of that was for the Education Trust Fund.
Finance
September Casino Gaming Revenue Tops $165M
Patch

Maryland Casinos Thriving Post-Pandemic

The 2020 coronavirus pandemic brought the hospitality industry to a halt in many parts of the United States. Casinos' revenue dropped 31% in the last year. Now, over half of people have been vaccinated against the deadly virus. In Maryland, casinos are making a comeback.
Covid
Maryland Casinos Thriving Post-Pandemic
WTOP

Maryland casinos have never been busier with another record month

Maryland's six casinos generated $180.1 million in gaming revenue last month. The majority of that money goes to the state's Education Trust Fund. MGM National Harbor generated the most revenue, with $72.3 million. Live! Casino & Hotel had $62.9 million, and Horseshoe Casino had 22.5 million dollars.
Travel
Maryland casinos have never been busier with another record month
WBOC

Md. Casinos Generate $168.5M in Revenue During August

Maryland's six casinos generated $168,459,348 in gaming revenue during August 2021. The total represents an increase of $18,910,000 compared to August 2020. Casinos were limited to 50% capacity in August 2019 due to COVID-19. Casino gaming contributions to the state in 2021 were $71,284,480.
Finance
WV News

Casinos generate record $180.1 million in July

Maryland's six casinos generated a new gaming revenue record of $180.1 million in July. The July 2020 total was $139.9 million. Five of the top six single-month totals in the history of Maryland’s casino program have come in 2021. The state's first casino opened in September 2010. Six casinos have been in operation since the opening of MGM National Harbor in December 2016.
Travel
Casinos generate record $180.1 million in July
WV News

Casinos generate $161.5 million in June

Maryland's six casinos generated $161.5 million in June. The total is an increase of $18,607,558 compared to June 2019. All six of the casinos were closed for most of June 2020 due to the COVID-19 pandemic. They reopened on June 19, 2020. Some slot machine and table game seats could not be occupied.
Covid
Casinos generate $161.5 million in June
Baltimore Brew

Horseshoe Casino ends the year on a losing streak

Horseshoe Casino Baltimore's revenues fell 32% from a year earlier. Last month's revenue was $12.7 million. The casino opened in August 2014. It was closed between March 16 and June 28 due to the pandemic. Its owner, CBAC Gaming LLC, took a beating from the economic crisis triggered by the Pandemic and its share of gambling dollars fell by $60 million over the last year. Moody's Investors Service has downgraded the company's debt to Caa2.
Covid
Horseshoe Casino ends the year on a losing streak
WTOP

Maryland casinos are doing better than before the pandemic

Maryland's six casinos generated $161.5 million in gaming revenue in June. MGM National Harbor remains the top casino for gaming revenues. Live! Casino & Hotel at Arundel Mills saw gaming Revenue jump 19.4% compared to June 2019. Horseshoe Casino generated less than two years ago. Ocean Downs, Hollywood Casino and Rocky Gap saw double-digit gains.
Covid
Maryland casinos are doing better than before the pandemic
WBOC

Maryland Casinos Generate $161.5M in Revenue During June

Maryland Casinos Generate $161.5M in Revenue During June 2021. All six casinos were closed for most of June 2020 due to the COVID-19 pandemic. The casinos reopened with capacity limitations on June 19, 2020. By June 17, 2021, capacity restrictions had been lifted at all six of the casinos. The casino gaming contributions to Maryland in June 2019 were $60,075,138.
Finance
WV News

Maryland casinos set new record in May

Maryland's six casinos generated $172,394,450 in May 2021. The figure surpassed the previous single-month record of $169,179,016 set in March. All six of the casinos were closed during May 2020 due to the COVID-19 pandemic. They reopened with capacity limitations on June 19, 2020. The casinos contribute to state and education funds.
Covid
Maryland casinos set new record in May
The Baltimore Sun

Maryland casinos generated some of the highest revenues in the country in 2020, report says

Maryland casinos generated some of the highest revenues in the country in 2020, report says. Last year, the state lost $1.2 billion in casino gaming. MGM National Harbor and Live! Casino & Hotel were the two highest-grossing commercial casinos in America outside Nevada in that year. The greater Baltimore-Washington, D.C., commercial gaming market overtook Chicagoland to slide into the top three gaming areas behind only the Las Vegas Strip and Atlantic City.
Finance
Maryland casinos generated some of the highest revenues in the country in 2020, report says
WTOP

April was 3rd-best month ever for Maryland casinos

April was the third-best month for gaming revenue for Maryland's six casinos. MGM National Harbor and Horseshoe Casino were limited to 50% capacity in April. The state received $69.9 million, most of which goes to the state's Education Trust Fund. In March, the six casino set an all-time record for revenue at $169.2 million.
Covid
April was 3rd-best month ever for Maryland casinos
Baltimore Fish Bowl

Maryland casinos report nearly $140M in revenue in first month after reopening

Maryland's six casinos have completed their first full month of operation since their closure on March 16. They have generated $139,920,018 in gaming revenue. To prevent the spread of COVID-19, the casinos reopened at 50 percent capacity and implemented temperature screenings and required facemasks for both employees and patrons. Three out of the six casino saw an increase in revenue compared to the same time last year. Casino contributions to Maryland dropped accordingly.
Finance
Maryland casinos report nearly $140M in revenue in first month after reopening
WBOC

Maryland Casinos Generate $128.8M in January; 11.5% Decrease From a Year Ago

Maryland's six casinos generated $128.8 million in January 2021. This is an 11.5% decrease from January 2020. The casinos were closed due to the COVID-19 pandemic. They reopened with capacity limitations on June 19. The casino gaming contributions to Maryland in 2021 were $53,964,464. In January 2019, the contributions were $145,466,952.
Covid
Yogonet

Maryland casinos see revenue fall of just 0.9 percent in October

Maryland casinos saw a decrease of just 0.9% in October. The casinos' capacities are limited to 50%. The October 2019 total of $143,895,409 was increased by $1,235,325. Casino contributions to the state were $59,933,270. MGM National Harbor, Live! Casino & Hotel, Horseshoe Casino Baltimore, Ocean Downs Casino, Hollywood Casino Perryville, Rocky Gap Casino Resort and Live!, all offer both slot machines and table games.
Finance
WTOP

Maryland casino revenue falls 27% for fiscal 2020

Maryland casino revenue falls 27% for fiscal 2020. The largest share of casino contributions to the state goes to its Education Trust Fund. MGM National Harbor reopened to invited guests on June 26 and to public on July 29. Live! Casino & Hotel reopened earlier and generated $15.9 million in June gaming revenue. Horseshoe Casino in Baltimore reopened on 26 June and reopened again on 28 June. Hollywood Casino, Ocean Downs Casino and Rocky Gap Casino opened to general public earlier on 19 June, generating $8.6 million.
Finance
Maryland casino revenue falls 27% for fiscal 2020
US Gambling Sites

Maryland Casinos Hit Hard by COVID-19 as New Restrictions Cut into Profits

There is an increase of COVID-19 cases in the United States. Hospitals are overwhelmed and government officials have to close businesses or put restrictions in place to protect the people. In Maryland, a new surge in cases has caused tighter restrictions which has put a strain on the casinos operating in that state.
Covid
Maryland Casinos Hit Hard by COVID-19 as New Restrictions Cut into Profits