MGM Harbor keeps good performance
Maryland’s latest casino to open its doors helped the state achieve a 40 percent rise on June.
US.- Maryland Lottery and Gaming Control Agency released this week the six casino operators’ results from June, a period that saw revenue of US$130 million, a 40 percent when compared to the same month in 2016.
If MGM National Harbor, which opened in December, is taken out of the equation, the remaining five casinos reported a decline of 14 percent year-on-year. MGM’s casino reported more than US$50 million in revenue in three of its six months of operations, surpassing the expectations as it reported that number in June, just US$400k less than May but US$1.1 million more than March. Harbor’s biggest competitor and former topper, reported the biggest loss in the state, as it collected US$41.8 million, a 22 percent decrease. Slots revenue and table games were also down. Horseshoe Casino Baltimore also reported bad results with US$22.1 million in revenue, a 9.6 percent fall.
Last month, Delegate Nick Mosby, D-Baltimore, announced that he would formally propose the Maryland State Legislature to create a stronger Maryland’s Voluntary Exclusion Program in order to improve its effectiveness. A News4 I-Team investigation revealed that the program was weak and that it was multiple flaws that allowed problem gamblers to enter and leave the state’s six casinos whenever they wanted. The Delegate said that he will present measures to upgrade the system and protect the people in the state.
