Maryland casinos generate $159.3m in gaming revenue in September

The state of Maryland received $68m from casinos in September.
The state of Maryland received $68m from casinos in September.

The six casinos registered a decrease of 3.7 per cent year-on-year.

US.- Maryland’s six casinos registered $159.3m in gaming revenue in September, down 3.7 per cent from the same month last year. Revenue was down from the $169.3m reported in August, according to the report released by the Maryland Lottery and Gaming Control Commission.

Leading the way for casino revenue was MGM National Harbor, which generated $63.8m, down 8.2 per cent from September 2021. Live! Casino & Hotel recorded $56.8m, up 0.6 per cent, and Horseshoe Casino $17.3m, a decrease of 1.6 per cent.

As for the state’s three smaller casinos, September totals up at Ocean Downs but lower at Hollywood Casino and the Rocky Gap Casino. More than $68m was contributed to the state, the majority of which goes to Maryland’s Education Trust Fund.

Sports betting in Maryland

Maryland’s Sports Wagering Application Review Commission (SWARC) has reported that mobile sports betting will be available sooner than expected. It’s decided to let online sportsbooks start operating as soon as they’re licensed instead of making them wait to launch together.

Operators must submit applications for online sports betting licences by October 21. The SWARC will have 45 days to review them. That means Maryland’s first sports betting apps could be up and running by late November or the first week of December.

Governor Larry Hogan signed a bill to legalise online and retail sports betting in Maryland last year after voters approved sports betting through a November 2020 referendum. Up to 60 mobile sports betting licences will be available.

See also: Maryland retail sports betting handle climbs to $18.6m in August

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Maryland Lottery and Gaming Control Commission