Maryland Casinos Win Record Sum From GamblersPoker Market Increases By 30 Percent In December |
|
Maryland’s casinos have shattered their record for gaming revenue in a month.
According to figures released Thursday, the state’s six casinos won a combined $133.5 million from gamblers in December, besting the previous record of $104.4 million, which was set in May. The record gaming win was thanks to the $1.4 billion MGM National Harbor opening its doors on Dec. 8.
In a year-to-year comparison, December 2016 casino revenue increased from December 2015 by $38 million, or 40.2 percent. In a year-to-year comparison not including MGM National Harbor, December 2016 revenue decreased by nearly four percent.
The new casino, located in Prince George’s County, generated $42 million from both slot machines and table games in just over three weeks.
Maryland Live! Casino, located about 30 miles away, won $48 million from the whole month.
“We anticipated that December would be a record-breaking month, and we are tremendously enthusiastic about the future of Maryland’s casino program,” Maryland Lottery and Gaming Director Gordon Medenica said in a statement. “MGM National Harbor is an outstanding facility in an ideal location, and we are confident that its success will fuel the continued growth of revenue that supports vital state programs.”
Horseshoe Casino Baltimore generated $29.7 million, followed by Hollywood Casino Perryville ($6 million), Casino at Ocean Downs ($4 million) and Rocky Gap Casino Resort ($3.5 million).
The performance by the casinos in December brought gaming win for calendar year 2016 to $1.2 billion, also a record for the state. The casinos won $1.1 billion last year.
How Poker Fared In 2016
The state’s poker rooms raked $3.88 million in December, which brought 2016 total revenue to $35.4 million. MGM National Harbor opened a 39-table poker room, and it generated $1.4 million of the poker revenue.
Maryland Live!, which has 52 tables, raked $1.87 million from poker in December.
In December 2015, the three poker rooms existing at that time raked $3 million, bringing that year’s total to $35.6 million.
MGM National Harbor’s three weeks of business wasn’t able to grow the state’s poker market in 2016, but Maryland poker will reach a new level in 2017.
Copyright © 2001-2024
CardPlayer.com. All rights reserved.
