The forced closure of Maryland’s casinos since mid-March has left quite a hole in state coffers.
The six casinos generated more than $145 million in gaming revenue in April 2019, leading to a state revenue contribution of more $60 million. More than $45 million of that went into a trust fund for public schools.
There’s been no gaming revenue for all of April 2020 because of closures related to the Covid-19 pandemic, zeroing out state contributions. Gaming revenue was also down considerably for the month of March, with venues closed for about half that month.
“These are truly unprecedented times,” Maryland Lottery and Gaming Director Gordon Medenica said in a statement. “The casinos generate vital revenue for the state, but we remain focused on the health and safety of the casinos’ patrons and employees as we plan for reopening.”
The state agency said it is currently working with casinos — including MGM National Harbor in Prince George’s County — to draft safety and cleaning guidelines to be implemented once the facilities are permitted to reopen. There’s no announced date when they doors would open again, though Maryland Gov. Larry Hogan said Wednesday the state’s stay-at-home order could be lifted soon — paving the way for a larger reopening of the economy.