Maryland casinos face $11m losses in December
December was a tough month for Maryland casinos after stricter coronavirus measures were implemented in the state.
US.- Revenues from Maryland’s six casinos was down $11m in December when compared with revenues of the previous month.
According to figures released by the Maryland Lottery and Gaming Control Agency, casinos collectively generated $119.4m in December 2020, $11m less than November’s total.
The revenue declines were the result of stricter sanitary measures imposed by the state after Covid-19 cases rose in Maryland.
MGM National Harbor and Cordish Gaming’s Live! Casino & Hotel were previously operating at 50 per cent reduced capacity but were forced to cut that in half at the beginning of December.
The reduced revenues also impacted the state, which saw its gaming taxes fall by $10.8m to $49.8m.
The state is set to reevaluate the capacity restrictions on 17 January, but so far coronavirus cases continue to rise.
