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MGM gambling soars, record year for Maryland gambling

2, 2016 in Oxon Hill, Md. (AP Photo/Alex Brandon) WASHINGTON — MGM National Harbor Casino is still packing the gamblers in, and last month accounted for 42 percent of gaming revenue from all six Maryland casinos. For the state’s fiscal 2018 year, Maryland’s casinos generated a total of $1.679 billion, a fiscal year record. The six casinos logged July gaming revenue of $139 million, up 5.6 percent from July 2017. Maryland gets about $61 million of that, the majority of which goes to the state’s Education Trust Fund. Casinos contributed $496.7 million to the Education Trust Fund in fiscal 2018. Even with the year-over-year gain, Maryland casino revenue has now declined for two straight months after hitting a record high $156.5 million in May. MGM National Harbor’s July gaming revenue totaled $58.3 million, a 14.9 percent jump from a year earlier. Its closest competitor, Live!

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