Maryland Casinos See Slight Decline in February Revenue 

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Maryland’s six commercial casinos produced $148,493,335 in slot and table game revenue in February 2026. This was a 4.3% drop from the same month a year earlier that trimmed statewide receipts by $6.7 million.

USA flag as maryland revenue declines

Key Takeaways:

  • Casinos generated $148.5 million in February, a 4.3% decrease year-over-year
  • Diverging performances across six casinos reflect shifting local demand
  • State contributions remain vital, funding education and public services

According to the Maryland Lottery and Gaming, February contributions to Maryland totaled $63,635,265, with $45,924,029 earmarked for the Education Trust Fund, underscoring the sector’s continued role as a significant revenue stream despite the pullback. 

According to industry reports, the mixed performance reflects regional competition and broader economic headwinds affecting discretionary spending.

Mixed performance reflects intensifying regional competition and broader economic pressures affecting discretionary spending. Similar patterns have appeared in other U.S. markets. For example, gaming revenue on the Las Vegas Strip recently posted a notable decline after baccarat hold dropped sharply.

Branch by Branch Revenue

Revenue performance varied sharply across properties. MGM National Harbor led the market with $64.8 million but fell 3.1% year-on-year, while Live! Casino & Hotel posted $52.0 million, down 8.8%. 

Horseshoe Casino Baltimore, Ocean Downs and Rocky Gap showed gains of 1.1%, 3.3% and 8.9% respectively, and Hollywood Casino Perryville declined 4.0%. 

The divergence highlights differing local demand dynamics and product mixes among the six operators.

Through the first eight months of Fiscal Year 2026 (July 2025–February 2026) casino revenue stands at $1.264 billion, down 2.2% from last year, and state contributions have fallen 1.4% to $543.2 million. 

Across the wider U.S. gaming landscape, policymakers and operators are also adjusting to shifting economic conditions. In Mississippi, lawmakers recently approved tax relief measures expected to save casinos tens of millions of dollars annually

Revenues continue to fund education, local jurisdictions, the horse-racing sector and minority- and women-owned businesses while regulators emphasize responsible play.