Maryland’s October Casino Revenue Up 1% Compared To 2024
Maryland’s six land-based casinos posted $162.1million of revenue in October 2025, representing a 1% increase from 2024’s $160.5m.
Since regulation of the market in September 2011, revenue has totaled $20.4bn with the casinos themselves receiving 57.1% of this money.
Although online casino gambling remains unregulated in the state, mobile sports betting was introduced in November 2022, following on from retail sports wagering in December 2021.
Maryland’s six casinos were opened between 2010 and 2016. They are located in Perryville, Berlin, Hanover, Cumberland, Baltimore and Oxon Hill.
Maryland Casino Revenues
The biggest of the casinos, MGM National Harbor, actually saw a decrease in revenue this October, with figures down 1.9% to $67.9m for the month.
Hollywood Casino also saw a decline, with October revenue down 10.5% to $6.5m. The remaining locations all saw gains in revenue figures.
The biggest improvement was seen at the Horseshoe Casino. Its revenue increased 12.7% to $15.5m.
Live! Casino & Hotel’s revenue was up 1.7% to $59.7m. Ocean Downs Casino’s $8.1m revenue represented an 11.1% increase and Rocky Gap Casino posted a 0.7% gain with $4.4m of revenue for the month.
Of the $162.1m total, the casinos contributed $69.6m to the state, up 1.5% from 2024.
Although October saw slight gains, the fiscal year picture is less positive. During the four months to the end of October, revenue totaled $650m, which is 2.1% lower than the same period in 2024.
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Gambling Regulations
Although online casinos have not yet been regulated, online sports betting is legal in The Free State.
However, some lawmakers are looking to roll regulation back.
Senator Joanne C. Benson has put forward a bill that would bring an end to sports betting and even lead to the refunding of license fees to currently licensed entities.
The bill will be up for discussion in 2026. Although the proposed bill is not expected to pass, it may open discussions on how to more closely manage gambling in the state.
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One area likely to come under the spotlight is that of proposition bets.
Proposition bets are smaller bets, including occurrences that aren’t necessarily affected by the final outcome of a game or event.
Bettors can wager on the first team to score, the total number of tries, but also whether certain players will get booked or substituted.
Such bets are becoming increasingly popular with punters, but some lawmakers worry that they increase the allure of match fixing.
It’s easier for players to affect whether they will be sent off during a match, or even how many points they will score.
Similarly, managers and coaches decide who plays and when substitutions are made.
This, at least according to some, opens up certain sports to greater potential for betting scandals and cheating.
