(AsiaGameHub) – By: Christian Brooks
Maryland’s casino sector is facing a split. May revenue fell 3.7% year-on-year, but not all casinos are struggling. The top two are dragging down totals, while smaller ones are growing. This gap points to a deeper shift in where players are spending.
Six casinos made $170m in May, down from April’s $172.2m. MGM National Harbor led with $70m (down7.3%), Live! Casino had $62.2m (down2.7%). Horseshoe (15.6m, up2.3%), Ocean Downs (9.4m, up7.3%), Hollywood (8m, down3.8%), Rocky Gap (5m, up1.8%) followed. State contributions were $75.1m (down1.3%), with $54.1m to education (down1.4%). Fiscal year 2026’s first 11 months: $1.8bn (down1.6%).
Big casinos depend on tourist dollars, which are likely tightening. Smaller ones focus on local patrons, who are more consistent. If the top players don’t adapt—like adding local-focused amenities—their declines will keep hurting state and education funds. The industry’s future hinges on this pivot.
Author bio: Christian Brooks, a leading financial commentator analyzing entertainment and retail sectors for major business publications.