Goldman Sachs
June 6, 2026
Americas Gaming: Maryland May GGR Trends
Sector ReportEquitiesConsumer Discretionary
Maryland reported a -4% y/y decrease in Gross Gaming Revenue (GGR) for May. The data provides early insight into the performance of regional assets for operators like Caesar's Entertainment and MGM Resorts.
Key Takeaways
- 1.Maryland Gross Gaming Revenue (GGR) decreased 4% year-over-year in May.
- 2.Horseshoe Baltimore (CZR) grew 2% y/y in May, while MGM National Harbor declined 7% y/y.
Table of Contents
- Bottom Line
- Disclosure Appendix
- GS Factor Profile
- M&A Rank
- Quantum
- Disclosures
- Regulatory disclosures
- Ratings, coverage universe and related definitions
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Authors
Lizzie DoveJoey GaeblerRyan DavisNina Flinn
Securities
CZRMGM
Themes
Regional Gaming Demand
Regions
North AmericaUnited States