Source: Maryland Lottery and Gaming (MD)
Maryland Lottery and Gaming reported that the state’s six casinos generated $159,510,910 from slots and table games in September 2024, up 2.8% year on year. The casinos contributed $68,698,479 to the state, including $49,528,174 for the Education Trust Fund.
The figures give operators and regulators a monthly view of casino revenue and state contributions in Maryland.
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Maryland’s six commercial casinos recorded $160.7 million in gaming revenue in June, reportedly, down 1.4% from June 2024 and 8.9% from May. Ocean Downs and Horseshoe Casino posted year-on-year increases, while MGM National Harbor and Live! Casino & Hotel reported declines. The Maryland Lottery had recently proposed changes to sports betting rules on promotional bets.
Maryland Lottery and Gaming’s 29 August 2024 commission agenda included consent agreements relating to casino, sports wagering, mobile wagering, bingo and underage violations. It also listed new instant ticket games, licence decisions, regulatory updates and a proposed reorganisation involving Power Plant Entertainment Casino Resorts.
Nevada Gaming Control Board Chairman Mike Dreitzer said on a podcast that prediction market operators such as Kalshi are running illegal sportsbooks, and that Nevada has no fallback plan if the Supreme Court sides with them. He urged tribes and licensees to hold firm, even though several tribes have partnered with Kalshi this month. The comments followed a CFTC interim rule of 9 October excluding casino-style gambling products from the definition of a swap, alongside a proposed rule covering event contracts.
The House Ways and Means Committee advanced a measure to restore the full federal deduction for gambling losses, Rep. Dina Titus said. The proposal was attached to H.R. 10357 and would reverse the 90% cap scheduled to take effect on 1 January 2027; House and Senate approval and the president’s signature would still be required.
It was reported that Nevada adopted cybersecurity rules requiring casinos to notify regulators within 24 hours of attacks. The report cited earlier attacks against Caesars Entertainment and MGM Resorts International in 2023.