Maryland Casinos Pull In $154.3 Million In August

Maryland’s casino industry saw its fourth-best month in August, according to the latest report from Maryland Lottery and Gaming.

The state’s six privately owned casinos collectively pulled in $154.3 million in revenue last month, a 5.4% increase compared with August 2018.

Four of the six properties saw individual year-over-year gains, but Baltimore’s Horseshoe Casino wasn’t one of them. The South Baltimore destination, which has struggled to regain its early numbers, reported revenue of $18.3 million last month, a 13% decrease compared with a year ago. The casino brought on Randall Conroy as its new general manager last month as it readies to roll out new attractions aimed at drawing in more business, including a new outdoor gaming patio that is slated to open in the fall.

The Baltimore region’s other casino, Live Casino & Hotel in Hanover, saw a 12.7% year-over-year increase, with $53 million in revenue.

MGM National Harbor saw the next biggest boost, with $62.4 million in revenue (a 7% increase), followed by Ocean Downs Casino ($8.8 million, a 6.5% increase) and Rocky Gap Casino Resort ($5.4 million, a 5.8 % increase). Hollywood Casino Perryville was the other casino to report a year-over-year revenue decline, with $6.4 million — 2.7% less than August 2018.

Click here to read the rest of the article written by Amanda Yeager over at the Baltimore Business Journal

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