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Maryland casino revenue rises; Horseshoe the exception

Five of Maryland’s six casinos saw year-over-year gains in gaming revenue in February, while Baltimore’s Horseshoe Casino continued to decline.

Gaming revenue generated by all six casinos totaled $151.3 million, up 10.6% from a year earlier. Maryland’s take on that total is $62.9 million, which goes to various state programs, mostly the Education Trust Fund.

MGM National Harbor continued to lead Maryland’s casinos, with $61.1 million in gaming revenue last month, up 13.3% from February 2019.

Live! Casino & Hotel, in Arundel Mills, had $54.8 million in February gaming revenue, up 18.9% from a year earlier.

Horseshoe’s $17.9 million in gaming revenue was down 13.3% from February 2019.

Maryland’s three smaller casinos all saw increases in gaming revenue — 10.3% at Hollywood Casino Perryville, 4.3% at Ocean Downs and 11.4% at Rocky Gap Casino Resort.

Maryland Lottery and Gaming posts and the state’s share of the revenue online.

Jeff Clabaugh

Jeff Clabaugh has spent 20 years covering the Washington region's economy and financial markets for ²ÝÝ®´«Ã½ as part of a partnership with the Washington Business Journal, and officially joined the ²ÝÝ®´«Ã½ newsroom staff in January 2016.

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