Maryland casino revenue sinks to $168 million in March, education funds hit again
Summary
Maryland’s casino revenue experienced a 2.3% decline in March 2026, totaling $168.1 million, marking a continuing trend of decreasing revenue and raising concerns about funding for public programs, particularly education. While MGM National Harbor saw a 2.4% increase, other casinos like Live! Casino & Hotel and Horseshoe Casino in Baltimore experienced significant declines. This downturn is attributed to increased competition from neighboring states, the rise of online gambling, and broader economic conditions. Casino proceeds are crucial for education, local government funding, and infrastructure, and a sustained decline necessitates diversification of funding sources. Despite the decrease, Maryland remains a robust gaming market, but the industry faces a transformation requiring adaptation from both operators and policymakers.
(Source:The Eastern Herald)