The month of June brought a cooling effect to Maryland’s casino revenue, as the state’s six licensed gambling establishments reported a slight decline, earning $160.67 million from slot machines and table games. This marks a 1.4% decrease compared to the same month the previous year. The dip comes on the heels of a notably strong May, during which revenue saw a 1.9% increase, touching $176.4 million. June’s gaming contributions to the state amounted to $68.54 million, reflecting a 1.9% drop year-over-year. Of these contributions, $49.42 million was allocated to the Education Trust Fund, which is a decrease of $954,000 compared to June 2024.
June 30 signaled the end of the Maryland Lottery and Gaming’s 2025 fiscal year, with the total casino revenue for FY2025 surpassing $1.8 billion. This figure represents a modest increase of 0.5%, driven by robust performance earlier in the year, particularly in May when MGM National Harbor reported revenues of $75.4 million, a 4.3% rise from May 2024. Beyond education, the state’s casino revenues support an array of sectors including local governments, the horse racing industry, and small, minority- and women-owned businesses. As the state embarks on a new fiscal year, regulators and stakeholders keenly watch performance trends to gauge the influence of broader economic and seasonal factors on future revenues.
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