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Maryland’s Casino revenues jump eight percent in 2018

The Maryland Lottery and Gaming Commission has revealed that the state finished 2018 on a strong note with gaming revenues for its six casinos coming in at $148.3m, a 5.2% increase from 2017s $141m

It was also noted that the casino gaming revenues also support local communities and jurisdictions where the six casinos are located, as well as Maryland’s horse racing industry.

MGM National Harbour, which operates 3,137 slot machines and 198 table games, continued to be the market leader, recording a 5.9% increase for the month of December to $59.9m as the property also came in with an FY figure of $704m in its first full year of operation.

The Horseshoe Casino Baltimore, part of the Caesars Entertainment stable, continued its dismal year as revenue dropped 7.2% to $23.2m, helping to compound an FY showing which also decreased, this time 4.4 percent to $259m from 2017s $271m.

Churchill Downs Ocean Downs Casino monthly revenue hiked 45.2% to $5.4m, thanks to a 2017s table game debut which brought it just $54,000 with FY revenue hitting $75.7m, a 23.2 percent boost from $61.4m.

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Caleb Jose

Caleb Jose

Caleb is based out of Kansas City and he is responsible for overseeing day-today processes of Casino Buzz. He takes care of the backend technology, along with being the main data collector and reporter for Casino Buzz. He can be reached out at cj@casino.buzz

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