Out of the total revenue, more than $73 million was contributed to the state in the form of tax revenue, while $52.7 million was allocated to the Education Trust Fund. Although the revenue for July 2023 did not quite match the prior year's exceptional performance, it remained close. This impressive feat, which at the time was record-setting, was later surpassed in October of the same year. This figure indicates an increase of over $10 million compared to the previous month of June. However, revenue was down by 4% from the record-breaking month of July 2022.ĭuring July 2022, Maryland casinos achieved their second-highest monthly revenue in the industry's 13-year history, amassing a total of $181.5 million. Maryland's retail casino industry posted total revenue of $174.3 million for the month of July, combining earnings from both slot machines and table games.
