Facts & Figures
- Monthly casino revenue numbers are published here.
- Monthly sports wagering revenue numbers are published here.
- MLGCA Comprehensive Annual Financial Reports and Fiscal Year Reviews are available here.
The Maryland Lottery and Gaming Control Agency helped to generate $1.589 billion in contributions to the state during Fiscal Year 2023 from Lottery ticket sales, the state’s six casinos, sports wagering and daily fantasy sports.
In FY2023 (July 1, 2022 through June 30, 2023), the combined contribution to the state included $848.1 million from casinos; $714.3 million from the Lottery; $25.3 million from sports wagering; and an additional $1.2 million from daily fantasy sports. The $1.589 billion total surpassed the FY2022 figure of $1.511 billion by 5.2%. Maryland Lottery and Gaming is the state’s fourth-largest source of revenue after income, sales and corporate taxes.
Maryland Lottery and Gaming’s operating expenses remained low at 3.5% of sales on the Lottery side, and 0.9% of total gaming revenues for the casino program.
For a complete FY2023 year-end review, click here.
Lottery sales were $2.764 billion, surpassing the FY2022 figure by $40.6 million. Scratch-off ticket sales led the way at $1.063 billion, a $53.6 million increase from FY2022.
Lottery players won more than $1.733 billion — an average of $4.7 million per day in prizes during FY2023.
Retailer sales and cashing commissions totaled $219.9 million, an $16.9 million increase from FY2022. The average retailer commission was $50,000. As of the end of FY2022, the Lottery had 4,337 retail locations across the state.
Maryland’s six casinos generated $2.060 billion in revenue from slot machines and table games, an increase of $58.5 million compared to FY2022.
Of the $848.1 million that the casinos contributed to the state, $622.7 million went to the Education Trust Fund (ETF), which supports early childhood education, public elementary and secondary education, public school construction and capital improvement projects. From the opening of the state’s first casino in 2010 through the end of FY2023, more than $5.2 billion in casino revenues had been contributed to the ETF.
FY2023 casino revenue was also contributed to the following beneficiaries:
- Local aid: $108.9 million, including funds for local impact grants and aid to local jurisdictions.
- Maryland’s horse racing industry: $92.1 million, including funds for the Racetrack Facility Renewal and Horse Racing Purse Dedication accounts.
- Maryland’s Small, Minority and Women-owned Business Fund: $19.9 million
- Responsible gaming programs: $4.45 million in per-machine and per-table-game assessments paid by casino operators to the Problem Gambling Fund.
Sports Wagering and Fantasy Competitions
Maryland’s sports wagering market continued to expand during FY2023. The first five retail sportsbooks opened in December 2021, and five additional retail locations launched during FY2023, along with 10 mobile sports wagering platforms. Additional retail locations and mobile operators are continuing to launch during FY2024.
All sports wagering operators contribute 15% of their taxable win to the Blueprint for Maryland’s Future Fund, which supports public education. In FY2023, these contributions were nearly $25.3 million. Expired sports wagering prizes support responsible gaming programs and totaled nearly $2.1 million in FY2023.
The operators of fantasy competitions (including daily fantasy sports) contribute 15% of their revenue to the Blueprint for Maryland’s Future Fund. In FY2023, these contributions totaled $1.2 million.