{"id":7503,"date":"2024-07-09T05:05:00","date_gmt":"2024-07-09T05:05:00","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2024\/07\/09\/maryland-casinos-generate-162-9m-in-june-revenue\/"},"modified":"2024-07-09T05:05:00","modified_gmt":"2024-07-09T05:05:00","slug":"maryland-casinos-generate-162-9m-in-june-revenue","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2024\/07\/09\/maryland-casinos-generate-162-9m-in-june-revenue\/","title":{"rendered":"Maryland Casinos Generate $162.9M in June Revenue"},"content":{"rendered":"<div>\n<p>Newly released data from Maryland indicates that the state\u2019s casinos amassed $162.9 million in revenue for June. MGM National Harbor led the market among the state\u2019s six casino sites.<\/p>\n<p>The revenue for June 2024 shows a slight decline of 0.5%, or $802,798, compared to June 2023. Despite this minor drop, casino gaming contributions to the state rose by 0.6% year-over-year, totaling $69.8 million.<\/p>\n<p>Among the six operational casinos, MGM National Harbor generated the highest revenue. Following closely were Live! Casino &#038; Hotel, Horseshoe Casino, Ocean Downs Casino, Hollywood Casino, and Rocky Gap Casino. The revenue from these casinos is also invested in local communities and the Education Trust Fund, which received $50.3 million in June. This contribution reflects a small decrease of 0.1% from the previous year.<\/p>\n<h2>Comparison with Previous Months<\/h2>\n<p>In May, Maryland\u2019s casinos reported slightly higher revenue,<a href=\"https:\/\/igaming.org\/casino-news\/maryland-casinos-achieve-impressive-revenue-milestone-in-may\/\"> totaling $173.2 million<\/a>. Additionally, the sports wagering handle for May reached $431.5 million, marking a significant 34.8% increase year-over-year.<\/p>\n<p>Although iGaming remains illegal in Maryland, legislators and labor unions successfully opposed a bill in March that aimed to introduce online gaming. However, the Maryland Lottery and Gaming Control Commission (MLGCC) recently granted the Veterans Services Corporation (VSC) and its partner Bee-Fee a mobile sports betting license. This approval increases the state\u2019s number of mobile sportsbooks to 12, alongside 12 retail locations.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n\t\t<amp-img alt=\"Katsubet\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Katsubet.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Katsubet\" target=\"_blank\" rel=\"nofollow noopener\">Katsubet<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>5BTC or 111% + 111 Free Spins!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive 111% Welcome Bonus  + 111 Free Spins<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>With the addition of new mobile sportsbooks and the steady performance of its casinos, Maryland\u2019s gaming market is poised for continued growth in the latter half of 2024. The state\u2019s focus on local community investments and educational funding through casino revenue underscores its commitment to leveraging gaming for broader societal benefits.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/maryland-casinos-generate-162-9m-in-june-revenue\/\">Maryland Casinos Generate $162.9M in June Revenue<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Newly released data from Maryland indicates that the state\u2019s casinos amassed $162.9 million in revenue for June. MGM National Harbor led the market among the state\u2019s six casino sites. The revenue for June 2024 shows a slight decline of 0.5%, or $802,798, compared to June 2023. Despite this minor drop, casino gaming contributions to the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-7503","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/7503","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=7503"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/7503\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=7503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=7503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=7503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}