Maryland Poker Rooms Rake $3.5M In AprilPoker Market Cools To Start 2018 |
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Maryland’s brick-and-mortar poker rooms took in a combined $3.57 million during the month of April, according to figures from state gaming regulators.
Through the first four months of the year, the rooms generated $14.92 million in revenue, per the state figures coming via the Maryland Lottery.
Revenue generated in April 2017 was $3.75 million, which reflects a decline of 4.8 percent in a year-over-year comparison. Through the first four months of 2017, poker revenue was $15.24 million, which reflects a decrease of two percent year-over-year.
Live! Casino and MGM National Harbor led the way with $1.25 million and $1.71 million in April revenue, respectively. Those casinos have 52 and 39 tables, respectively.
MGM National Harbor opened in late 2016, which created a lot of buzz around the new poker room. The poker market has adjusted. Poker revenues were growing some 30 percent year-over-year in the months after MGM opened.
While poker revenue cooled, the overall gambling market grew last month. Maryland gaming regulators said that the state’s six casinos won a combined $143.5 million from gamblers in April, an increase of nearly six percent year-over-year.
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