Seven-month-old MGM National Harbor topped $50 million in monthly revenue for the third time in June to remain Maryland’s highest-generating casino as Live Casino & Hotel and Horseshoe Casino Baltimore saw declines.
MGM, Maryland’s newest casino, reported $50.1 million in revenue last month from slot machines and table games. After opening in December, it topped $50 million for the first time in March and did it again in May and June.
MGM has been simultaneously growing the state’s gambling market while taking away some share of its Maryland competitors’ business. Analysts say the $1.4 billion property — directly across the Potomac River from Virginia — holds an advantage during the summer tourist season because of its proximity to Washington’s popular destinations.
Click here to read the rest of the article written by Jeff Barker over at the Baltimore Sun