How Many Casinos Are in Maryland?
There are currently six casinos operating in Maryland, with two more scheduled to open in the next few years. The casinos are located in various parts of the state, from the Baltimore area to the Eastern Shore.
The six casinos in Maryland are:
- Hollywood Casino at Charles Town Races in Charles Town
- Horseshoe Casino Baltimore in Baltimore
- Live! Casino & Hotel Maryland in Hanover
- Maryland Live! Casino & Hotel in Arundel Mills
- Rivers Casino & Resort Philadelphia in nearby Philadelphia, Pennsylvania
- MGM National Harbor in Oxon Hill
The two casinos scheduled to open in the next few years are:
- Harrah’s Baltimore Casino in Baltimore
- Hard Rock Casino Baltimore in Baltimore
Casino Gaming in Maryland
Casino gaming in Maryland was legalized in 2008. The first casino, Hollywood Casino at Charles Town Races, opened in 2010. The other five casinos have all opened since 2012.
Casino gaming in Maryland is regulated by the Maryland Lottery and Gaming Control Agency. The agency is responsible for licensing and regulating casinos, as well as collecting taxes on casino revenue.
Casino Revenue in Maryland
Casino revenue in Maryland has been increasing steadily since the first casino opened in 2010. In fiscal year 2021, casino revenue in Maryland totaled $1.1 billion.
The majority of casino revenue in Maryland comes from slot machines. In fiscal year 2021, slot machine revenue totaled $960 million. Table games accounted for the remaining $140 million in casino revenue.
Casino Jobs in Maryland
Casinos employ a significant number of people in Maryland. In fiscal year 2021, casinos in Maryland employed over 14,000 people.
The majority of casino jobs in Maryland are in the service industry. Casinos employ croupiers, dealers, bartenders, servers, and other service workers. Casinos also employ security guards, maintenance workers, and other non-service workers.
Casino Impact on Maryland
Casinos have a significant economic impact on Maryland. In fiscal year 2021, casinos in Maryland generated over $1.3 billion in economic impact.
The economic impact of casinos in Maryland includes direct spending by casino patrons, indirect spending by businesses that supply goods and services to casinos, and induced spending by businesses that benefit from the economic activity generated by casinos.
Casinos also contribute to the state’s tax revenue. In fiscal year 2021, casinos in Maryland paid over $100 million in taxes to the state.
Conclusion
Casinos are a major part of the economy in Maryland. They generate significant revenue for the state, create jobs, and contribute to the economic well-being of the state.
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