{"id":8463,"date":"2025-01-08T00:41:57","date_gmt":"2025-01-08T00:41:57","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2025\/01\/08\/maryland-casinos-report-mixed-revenue-figures-for-december\/"},"modified":"2025-01-08T00:41:57","modified_gmt":"2025-01-08T00:41:57","slug":"maryland-casinos-report-mixed-revenue-figures-for-december","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2025\/01\/08\/maryland-casinos-report-mixed-revenue-figures-for-december\/","title":{"rendered":"Maryland Casinos Report Mixed Revenue Figures for December"},"content":{"rendered":"<div>\n<p>Maryland Lottery and Gaming recently released data showing a slight drop in casino gaming revenue for December 2024. The state\u2019s six casinos collectively brought in $164.1 million, reflecting a decrease of more than $1.5 million compared to December 2023.<\/p>\n<p>Contributions to the state from casino gaming reached just over $69.8 million, marking a modest 0.5% decline year-over-year. Of this amount, more than $50.4 million was allocated to the Education Trust Fund, which supports public education initiatives in Maryland.<\/p>\n<h2>Mixed Performance Across Casinos<\/h2>\n<p>Among Maryland\u2019s six casinos, MGM National Harbor and Ocean Downs Casino were the only venues to report growth compared to December 2023. MGM National Harbor saw a 4% increase in revenue, generating $73.6 million. Ocean Downs Casino recorded a smaller growth of 0.8%, reporting just under $7.1 million in gaming revenue.<\/p>\n<p>However, the other four casinos faced declines. Horseshoe Casino experienced the sharpest drop, with revenue falling 12.9% to $13.2 million. Rocky Gap Casino followed with an 11.9% decrease, generating nearly $3.9 million. Live! Casino &#038; Hotel saw a 2.4% decline, reporting $59.1 million, while Hollywood Casino dropped 6%, earning $7.1 million.<\/p>\n<h2>Year-to-Date Gains Offset December Dip<\/h2>\n<p>Despite the year-over-year decrease in December, Maryland\u2019s casino gaming revenue has shown positive growth for the first half of fiscal year (FY) 2025. Total revenue increased by 1.2% compared to the same period in FY 2024. Contributions to the state rose by 2.5%, and funds directed to the Education Trust Fund increased by 2.6%.<\/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\"><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\">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\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Casino gaming revenue not only supports the Education Trust Fund but also benefits local communities, Maryland\u2019s horse racing industry, and small, minority-, and women-owned businesses.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/maryland-casinos-report-mixed-revenue-figures-for-december\/\">Maryland Casinos Report Mixed Revenue Figures for December<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Maryland Lottery and Gaming recently released data showing a slight drop in casino gaming revenue for December 2024. The state\u2019s six casinos collectively brought in $164.1 million, reflecting a decrease of more than $1.5 million compared to December 2023. Contributions to the state from casino gaming reached just over $69.8 million, marking a modest 0.5% [&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-8463","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\/8463","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=8463"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/8463\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=8463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=8463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=8463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}