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Maryland casino revenue falls 2.6% to $147.9m for January

Despite the decrease in total casino revenue, only two properties in Maryland witnessed falls in revenue from the prior year period, including MGM National Harbor and Horseshoe Casino.

3 min read
Maryland casino revenue falls 2.6% to $147.9m for January
Key Points
MGM National Harbor generated the most revenue of any Maryland property for January 2026 but decreased 8.5% to $61.8m
Casino gaming contributions to the state increased 0.4% to $63.9m, which go toward Maryland’s Education Trust Fund

Maryland Lottery and Gaming has released the state’s total casino revenue for January 2026, as the six properties which report to the regulator combined to generate $147.9m, representing a decrease of 2.6%. 

MGM National Harbor, despite reporting the highest revenue of any Maryland property during the monthly period, witnessed a decrease of 8.5% to just over $61.8m. Live! Casino & Hotel produced the second highest revenue for January 2026 with $56.4m, having increased 2.2% from the prior year period. 

Even with the total casino revenue decrease reported by Maryland Lottery and Gaming for January 2026, Horseshoe Casino Baltimore was the only other property to produce a decrease year-over-year, falling 7.8% to $12.4m. 

Hollywood Casino and Ocean Downs Casino generated January 2026 casino revenues of $6.9m and $6.5m, respectively, equating to increases of 3.8% and 13.2%. Rocky Gap Casino managed to increase revenue by 19.4% during January 2026 for a total of $4m. 

Casino gaming contributions from the six establishments totaled $63.9m for January 2026, representing an increase of 0.4%. Contributions during the monthly period included just over $46.1m being issued to the state’s Education Trust Fund, equating to growth of 0.2%. 

The six properties which contribute to the Education Trust Fund also support the communities and jurisdictions where the casinos are located, Maryland’s horse racing industry and small, minority- and women-owned businesses.

Maryland Lottery and Gaming also seemed to indicate a winter storm may have been the cause of a decrease in total casino revenue, as the storm “made traffic difficult for several days” during late January 2026.

Good to know

The SGLA testified in Maryland on January 5, urging lawmakers to form ‘proper regulation’ around sweepstakes casinos, rather than pass HB 295 which could potentially criminalize social plus games

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