Maryland casinos generated $172.9m in gaming revenue in December
Maryland’s six casinos had the second-best month for total gaming revenue generating a combined $172.9m in December 2021.
US.- The Maryland Lottery and Gaming Control Commission released gaming revenue figures for December 2021 that show the state’s six casinos generated $172.9m in revenue.
This marks the second largest month on record behind July when the six casinos hit $180.1m in revenue.
December’s figure represents an increase of 44.9 per cent, or $53.54m, compared to December 2020 when the casinos were operating under capacity restrictions due to Covid-19.
“The combination of the holiday season and the launch of sports wagering at five of the casinos during December led to great results,” John Martin, Maryland Lottery and Gaming director, said.
“We congratulate our casino partners for their ongoing success,” he added.
The best year-on-year gain came at MGM National Harbor where gaming revenue of $74.5m was up 53.5 per cent from the previous December. Live! Casino & Hotel’s $62.4m in gaming revenue was up 45.6 per cent.
Baltimore’s Horseshoe Casino hit $17.1m in December gaming revenue, up 33.8 per cent from the previous year.
Revenue was up at Maryland’s three smaller casinos as well: Hollywood Casino, Ocean Downs and Rocky Gap had year-on-year gains of 9.4 per cent, 32.1 per cent and 41.2 per cent respectively.
Contributions to the Education Trust Fund came in at $51.73m, up 42.9 per cent ($15.52m).
Casino gaming revenues also support the communities and jurisdictions where the casinos are located, Maryland’s horse racing industry and small, minority and women owned businesses.
