Maryland Lottery And Gaming Control Agency’s Casinos Revenue Falls 4.3% to $148.5M in February 2026
Maryland’s six commercial casinos generated $148.5 million in combined gaming revenue from slot machines and table games in February 2026, representing a 4.3% decline year-over-year. The figures were released by the Maryland Lottery and Gaming Control Agency as part of its monthly financial report.
Statewide casino gaming contributions totaled $63.6 million during the month, down 2.4% from the previous year. Of this amount, $45.9 million was directed to the state’s Education Trust Fund, reflecting a 2.5% annual decrease.
Fiscal Year Performance
Despite the monthly decline, Maryland’s casino sector has generated $1.26 billion in gaming revenue during the first eight months of Fiscal Year 2026 (July 2025 – February 2026). This represents a 2.2% decrease compared with the same period in FY2025.
Total state contributions during the fiscal period reached $543.2 million, down 1.4% year-on-year.
Casino gaming revenues in Maryland support several state programs and community initiatives, including the Education Trust Fund, local jurisdiction impact grants, the horse racing industry, and programs supporting small, minority- and women-owned businesses. The importance of these contributions has become central to ongoing policy debates in the state, particularly as lawmakers continue to weigh the potential introduction of online casino gaming-a proposal that has faced strong voter resistance, as detailed in Maryland Voters Push Back Against Online Casino Legalisation.
Casino-by-Casino Performance
Among Maryland’s six gaming properties, MGM National Harbor remained the market leader in February, generating $64.8 million, a 3.1% decline year-over-year.
Live! Casino & Hotel reported $52 million, marking the largest annual drop among the properties at 8.8%.
Meanwhile, Horseshoe Casino Baltimore recorded $14.2 million, representing a 1.1% increase compared with February 2025.
Other properties posted mixed results:
- Hollywood Casino Perryville: $6.86 million, down 4.0%
- Ocean Downs Casino: $6.31 million, up 3.3%
- Rocky Gap Casino Resort: $4.23 million, up 8.9%
Slot and Table Game Breakdown
Video lottery terminals generated approximately $102.8 million in February revenue, while table games contributed about $45.7 million, according to the state’s monthly financial report.
Revenue allocations continued to support multiple state programs. From slot revenue alone, approximately $39.1 million was directed to the Education Trust Fund, with additional funding distributed to casino operators, local impact grants, horse racing purses, and other state initiatives.
Maryland Casino Market
The Maryland Lottery and Gaming Control Agency’s commercial casino market currently consists of six privately owned properties:
- MGM National Harbor (Prince George’s County)
- Live! Casino & Hotel (Anne Arundel County)
- Horseshoe Casino Baltimore (Baltimore City)
- Ocean Downs Casino (Worcester County)
- Hollywood Casino Perryville (Cecil County)
- Rocky Gap Casino Resort (Allegany County)
The Maryland Lottery and Gaming Control Agency regulates the state’s six commercial casinos, overseeing licensing, compliance, financial reporting, and operational security across the sector. The regulator has also recently signalled increased scrutiny of emerging betting formats, warning licensed operators about potential compliance risks tied to participation in prediction markets, as detailed in Maryland Warns Operators Over Prediction Market Risks.
Source:Maryland Lottery and Gaming
