Maryland Casinos September Revenue Slip Moderately

Maryland Casinos September Revenue Slip Moderately

Maryland casinos posted a moderate drop in revenue for September. According to the figures released by the Maryland Lottery and Gaming, the six state casinos grossed $142,223,137 in revenue for September 2019.

The total revenue figures represent a 1.1 percent year-over-year decline in revenue from 2018.

Maryland has six privately owned casinos that offer both slot machines and table games: MGM National Harbor in Prince George’s County; Live! Casino & Hotel in Anne Arundel County; Horseshoe Casino Baltimore in Baltimore City; Ocean Downs Casino in Worcester County; Hollywood Casino Perryville in Cecil County; and Rocky Gap Casino Resort in Allegany County.

The casinos contributed $59,226,202, from the September revenue to the state. They also chipped in $44,412,792 for the Education Trust Fund from the monthly revenue.

The top gainer, MGM National Harbor (3,139 slot machines, 204 table games) grossed $57,716,857 in September 2019, an increase of $3,289,958 (6.0%) from September 2018.

The Horseshoe Casino Baltimore (2,199 slot machines, 145 table games) grossed $18,564,509 in September 2019, posting a decline of $2,095,006 (-10.1%) from September 2018.

The previous month (August) was the fourth-best month in the history of Maryland casinos. According to the figures released by the Maryland Lottery and Gaming last month, the six state casinos grossed $154,260,719 in August 2019. The figure represents a 5.4 percent year-on-year increase when compared with the revenue generated for the same period the previous year.

In August 2018, Maryland casinos had generated $146,291,028 less $7,969,691 from what they grossed in August 2019.

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