MGM Bounces Back As Md. Casinos Report Modest Revenue Growth In December

Maryland’s casino industry reported modest growth last month after slumps in September and October.

The state’s six casinos generated $149.1 million in December, a 0.5% increase compared with December 2018. November also brought slight year-over-year growth, with another 0.5% boost.

The increase was driven by gains at three of the state’s casinos. MGM National Harbor had the strongest showing, raking in $62.6 million — a 4.5% increase. Ocean Downs Casino, on the Eastern Shore, reported the second highest growth, 3.7%, with $5.6 million in revenue.

Anne Arundel County’s Live Casino & Hotel also saw an uptick compared with the year before. The casino near Arundel Mills Mall brought in $51.8 million, a 3.4% increase.

Maryland’s other three casinos, including Horseshoe Casino in Baltimore, saw year-over-year declines.

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

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