Maryland casinos see 5.7% increase in YOY revenues in April

April was a good month for the casinos of Maryland. The six privately owned casinos of the state were able to earn $143,491,191 for the month, which is an increase of 5.7% when compared to the $135,714,016 earned in April 2017.

The top earner was MGM National Harbor, a casino that continues to hold the number one spot when it comes to revenues. MGM earned a total of $57,743,500 from table games and slots in April, with revenues increasing by 15.6% when compared to the same month last year.

Next in line is Live! Casino, with $46,801,613 in slots and table games earnings for April. The casino saw a small increase of 3.3% from the same time last year. The venue earned $1,499,904 more than in April 2017. Horseshoe Casino Baltimore saw a nice increase in revenue totals last month, bringing in 11.5% more, with $21,758,466 in revenues for slots and tables games. This was an almost $3 million increase from April 2017.

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Continuing with the trend of increased revenues, the Maryland Lottery and Gaming announced that the Hollywood Casino Perryville was up for the month, earning $6,921,776 for slots and table games in April. This was a 7.3% increase from the same time frame last year. Ocean Downs Casino was up a whopping 14.8%, with $5,454,463 in revenue earnings.

Rounding out the list is the Rocky Gap Casino Resort. This venue was up 2.8% for the month, earning $4,720,374 for both slot machines and table games revenues. The state of Maryland uses the casino revenues generated in several ways, including building up the Maryland Education Trust Fund as well as providing money for the horse racing industry, the state’s General Fund, local jurisdictions and local impact grants.

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