Maryland casinos continue upward trend

maryland

The state’s five casinos increased their revenue in the last month.

This results mark Maryland casinos ninth straight month of combined revenue gains.

US.- Maryland casinos’ revenue rose again in August, topping US$100 million in a month for the fourth time since the first casino opened in the state back in 2010.

According to according to figures released Wednesday by the Maryland Lottery and Gaming Control Agency, the five casinos generated US$100.3 million, an increase of 3.7 percent over August 2015. It was the ninth straight month of combined revenue gains. The last time the casinos’ collective revenue was down was in November, when it dropped about one-half of 1 percent.

August’s gains were led by Maryland Live, the state’s largest casino. The locally-owned casino reported US$55.9 million from slot machines and table games, up 7.2 percent from a year earlier. Maryland Live had reported US$60.4 million in July, its second highest total ever. Gamblers banned from Maryland casinos risk arrest as well as money

All of the other casinos except for Hollywood Casino Perryville, reported revenue increases in August over a year earlier. Horseshoe reported generating US$27.7 million in August, a 0.5 percent increase. Revenue at the casino, which opened in August 2014, increased about 10 percent over its inaugural year.

Ocean Downs in Worcester County reported revenue of US$6.2 million, a 2.1 increase. Rocky Gap Casino Resort in Allegany County generated US$4.5 million, up 3.4 percent. Hollywood Casino Perryville in Cecil County generated $5.9 million, a decrease of 9.5 percent.