With The WSOP Ongoing In Las Vegas, Maryland's Red Hot Poker Market Contracts Month-Over-MonthJune Revenue Up Big Year-Over-Year, But Down Compared To May |
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Maryland’s poker rooms took in a combined $3.27 million last month, according to figures released by state gaming regulators.
The four poker rooms raked $3.76 million in May, which reflects a month-over-month decline of 13 percent. The annual World Series of Poker kicked off May 31, drawing poker players from across the country, and of course the world as well, to Las Vegas.
Maryland has been the nation’s fastest growing poker market recently thanks to the $1.4 billion MGM National Harbor that opened late last year. That casino has 39 poker tables.
Revenue from poker in June 2016 was $2.48 million, so revenue increased 31.8 percent in a year-over-year comparison. Through the first six months of 2017, Maryland poker rooms raked $22.28 million, up 27.6 percent compared to the $17.45 million raked through the same period last year.
MGM led the way last month with $1.64 million of the revenue, followed by Maryland Live ($1.15 million), Horseshoe Baltimore ($391,000) and Hollywood Casino Perryville ($88,000).
MGM has raked more than Maryland Live every month so far this year. The casinos are about 30 miles apart. Two of the state’s six casinos don’t have poker.
Though Maryland poker in June was affected by the WSOP, the state isn’t among the leaders in terms of WSOP participation. With a population of six million it isn’t a very populous state. According to poker’s richest tournament series, the top five states in terms of entries through the half-way point of the summer were as follows: California (10,593), Nevada (7,172), Florida (4,090), Texas (3,787) and New York (2,402).
Maryland/The District of Columbia had 601 entries.