Maryland casinos report revenue rise
The six casinos in the state posted a 5.2% increase in revenues during December operations.
US.- The Maryland Lottery and Gaming Commission has released its latest revenue report, which details that the six casinos in the state totalled US$148.3 million in December, representing a 5.2% increase over the same month in 2017.
Contributions to the State of Maryland from December’s casino gaming revenue totalled US$61 million, including US$45.7 million for the Education Trust Fund. Casino gaming revenues also support local communities and jurisdictions where the six casinos are located, as well as Maryland’s horse racing industry.
The commission revealed that five of the six local casinos experienced year-over-year increases when compared to the December 2017 gaming revenue totals. MGM National Harbor continues its good performances and posted US$59.9 million in revenue, an increase of 5.9% from December 2017. That figure is approximately US$10 million higher than what the second top scorer in the state achieved in December 2018: Live! Casino & Hotel totalled US$50 million, a 6.1% revenue increase from December 2017.
While Horseshoe Casino Baltimore was the third in the state in terms of the total revenue collected (US$22.2 million), it’s the only one of the six that posted a revenue fall (-7.2%). The other three casinos in the state, Hollywood Casino Perryville, Ocean Downs Casino and Rocky Gap Casino Resort, all reported good results last month.
