Maryland casino revenue: first annual increase since pandemic

Casinos closed for three months due to the pandemic.
Casinos closed for three months due to the pandemic.

Despite a year-on-year increase in revenue in September, revenue fell month-on-month from August.

US.- For the first time since the pandemic hit in March, casinos in Maryland have generated a combined a year-on-year increase in revenue.

The Maryland Lottery and Gaming Commission reported that the six casinos in the state generated a total of $143.7m in September, representing a 1 per cent increase to the $142.2m taken in September 2019.

Individual casinos have already reported year-on-year increases in revenue since casinos reopened in June, but September was the first month since March that the combined total rose against last year.

Four out of the six casinos in the state reported year-on-year increases in earnings: Live! Casino & Hotel, Rocky Gap Casino, Hollywood Casino and Ocean Downs Casino.

However, combined revenue fell month-on-month compared with August.

Casinos in the state reopened on June 19 after three months of closure due to the coronavirus pandemic. Since reopening, the properties have been working at a 50 per cent reduced capacity, as per the instructions of Maryland Governor Larry Hogan.