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Maryland Lottery reports $2.7 billion in fiscal 2024 sales; agency outlines major contracts and responsible-gaming programs

2116219 · January 15, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Maryland Lottery and Gaming Control Agency told the House Ways and Means Committee that fiscal 2024 produced more than $2.7 billion in sales and nearly $700 million in profit, and outlined upcoming procurement actions, veteran-focused instant-ticket machines, and responsible-gaming efforts.

John Martin, director of the Maryland Lottery and Gaming Control Agency, told the House Ways and Means Committee on Jan. 15 that the agency recorded more than $2,700,000,000 in sales in fiscal 2024 and nearly $700,000,000 in profit.

Martin said lottery product categories include daily draw games (Pick 3, Pick 4, Pick 5), monitor games such as keno, jackpot games (Mega Millions and Powerball) and scratch-off tickets, and described the newer “fast play” product introduced in 2020. “We had over $2,700,000,000 in sales on fiscal 24, which ended obviously June 30th, nearly $700,000,000 in profit,” Martin said.

The agency told lawmakers that the largest single beneficiary of casino revenue is the Education Trust Fund, receiving roughly $600,000,000 in fiscal 2024. Martin said local jurisdiction aid where casinos are located receives about 5% of casino contributions; the horse racing industry receives slightly…

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