Casino Business: Maryland Gaming Revenue Up Big Since Table Games IntroducedState Sees A 56.8-Percent Increase For June |
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Maryland casinos are already seeing the benefits of casino table game authorization.
The state’s four brick-and-mortar casinos brought in $66.5 million in revenue from slot machines and such table games during the month of June, according to the Maryland Lottery and Gaming Control Agency, which made the announcement late last week.
The figure marks a 56.8-percent increase from June 2012. A year ago, live-dealer table games were not allowed and the state had one less casino.
Two more Las Vegas-style casinos are coming to Maryland. A Horseshoe branded property will open in Baltimore in 2014. In Prince George’s County, there is competition among multiple casino firms for a license. It looks like MGM Resorts International will get the nod, however.
Caesars broke ground for its Baltimore casino in May.
In December, Maryland residents voted to expand table games offerings.
Maryland Live! Casino, the state’s largest such property at the moment, will open its poker room Wednesday, August 28. The room will house 52 tables, raising the casino’s total table game count to 174. The Las Vegas-style poker room will feature a variety of limits, high-profile tournaments and games. Maryland Live! is located in Hanover, which is only about an hour drive from Washington D.C. and Baltimore
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