Maryland’s six licensed casinos generated $160.67 million in revenue from slot machines and table games in June 2025. This reflects a 1.4% decline compared to June 2024. 

The dip follows stronger results in May, when casino revenue across the state rose 1.9% to $176.4 million. The June figure marked the end of the state’s 2025 fiscal year.

State Contributions Total $68.5 Million.

Gaming contributions to the state from casino activity in June totaled $68.54 million, down 1.9 percent year-on-year. Of this amount, $49.42 million was directed to the state’s Education Trust Fund, significantly less than the amount contributed in June 2024. 

Other beneficiaries of gaming revenue include local jurisdictions, the horse racing industry, and programs supporting small and women-owned businesses. These contributions remain consistent regardless of month-to-month fluctuations in gaming revenue.

Property-Level Performance Varies

The state’s two largest casinos experienced declines in June. MGM National Harbor, Maryland’s top-performing property, raked in $67.17 million, down 1.4 percent from the previous year. Live! The casino and hotel followed with $58.96 million, representing a 2.4 percent decrease. Meanwhile, Ocean Downs Casino recorded the strongest growth among the six licensed operators. The establishment increased its revenue by an impressive 4.3% year-over-year to $8.48 million. 

Furthermore, Horseshoe Casino Baltimore reported a 0.8 percent gain to reach $14.22 million in monthly revenue. In contrast, Rocky Gap Casino maintained flat performance, generating approximately the same revenue as in June 2024. For Hollywood Casino Perryville, there was a 3.7% decline in revenue, reflecting possible challenges in customer engagement.

Fiscal Year Ends with Modest Growth

June 30 concluded the 2025 fiscal year for Maryland Lottery and Gaming. Over the 12-month period, the state’s casinos generated a total revenue of over $1.8 billion, representing a 0.5% increase from the previous fiscal year. This modest gain was supported by stronger performances in earlier months, most notably May, when MGM National Harbor led with $75.4 million in revenue.

However, the June results highlight the uneven momentum among properties. 

While Ocean Downs and Hollywood Casino experienced solid growth in May, Live! Casino and Rocky Gap reported declines. As July ushers in a new fiscal cycle, state regulators and industry stakeholders are expected to monitor revenue trends closely. The performance of casino businesses will depend on economic conditions and seasonal factors through the second half of 2025.