Maryland Live, which lost its position in January as the state’s top revenue-producing casino, leapfrogged the 3-month-old MGM National Harbor last month to regain the No. 1 spot.
Maryland Live, battling to retain its market share, generated $46.2 million from slot machines and table games in February, according to figures released Monday by the state Lottery and Gaming Control Agency. That compared to $45.7 million for MGM National Harbor, which opened in December to capacity crowds.
Maryland Live’s advantage is partly slots-driven. It has more machines than its Prince George’s County rival — 3,941 to 3,212 — and recorded slightly higher gross gaming revenue per unit, a measure of what the casino shares with the state after players collect their winnings.
Maryland Live and Horseshoe Casino Baltimore expected to see declines as the state’s gaming market absorbed the large new competitor on the Potomac River across from Virginia.
Click here to read the rest of the article written by Jeff Barker over at the Baltimore Sun