Maryland Gaming Revenue Passes $100-Million MarkApril Breaks Record That Was Set Last Summer |
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Maryland gaming regulators said this week that the state’s five casinos collectively won $103 million from gamblers during April, a new all-time high for the industry.
The total beat July 2015’s $99 million.
The $103 million in April was nearly 17 percent more than April 2015.
Of the $38.7 million that came from table games, $3 million was from non-banked games, i.e. poker. That was basically in line with previous months, as Maryland poker rooms have raked $12 million through April.
Maryland’s five casinos are Hollywood Casino Perryville in Cecil County, Horseshoe Casino Baltimore in Baltimore City, Casino at Ocean Downs in Worcester County, Maryland Live Casino in Anne Arundel County and Rocky Gap Casino Resort in Allegany County.
Maryland Live lead the way in April with $57.8 million in win from table games and slot machines. Horseshoe Baltimore was second with $30.2 million.
Maryland Live had about $2 million of April’s poker revenue, followed by the Horseshoe with $887,000. Those casinos have 52 and 25 poker tables, respectively. Hollywood’s poker room has eight tables and raked roughly $100,000 in April.
For comparison, Pennsylvania, which has 12 casinos, has a poker market worth roughly $5 million a month. Outside of the annual WSOP, Nevada poker revenue is in the ballpark of $9 million per month, though it fluctuates more based on season.
Gaming regulators in Maryland said they were pleased with April’s record, which will surely be shattered soon. MGM Resorts is planning to open a $1.3 billion casino near the nation’s capital later this year. MGM National Harbor hasn’t yet announced its poker plans.
“This is another great milestone for Maryland’s casinos,” Maryland Lottery and Gaming Director Gordon Medenica said in a statement. “We’re looking forward to continued growth of the state’s casino industry, and of course that means more funding for important state programs.”
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