MD gambling revenue dips slightly in fiscal ‘24 on heels of especially strong ‘23

Lottery, casino and sports gambling generated nearly $1.6 billion in state revenue in fiscal year 2024, a minimal decline from last year’s total. The amount represented Maryland’s second-highest revenue total from gambling, even as overall Lottery sales and casino revenue both declined year-over-year. Bolstering the state’s proceeds were the continued growth of the state’s nearly-two-year-old mobile sports betting market and a new daily game in the Maryland Lottery, according to the state agency that oversees the Lottery, six casinos and sports betting.