Maryland Casinos Win $137 Million In JanuaryState's Casinos See A 7.2 Percent Jump Year-Over-Year, But Only Three Properties Saw Increased Numbers |
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Maryland’s six casinos continued their trend of increased revenues into 2019. After finishing 2018 with just shy of $1.8 billion in revenue, an eight percent increase from 2017, the state saw another increase in January.
According to figures released by the Maryland Lottery and Gaming Commission, Maryland casinos won $137 million from gamblers in the first month of 2019, which was a 7.2 percent increase year-over-year.
The overall revenue in the state continued to rise, but only three of the casinos saw an increase in revenue.
MGM National Harbor took in 41 percent of the state’s total revenue, winning $56.2 million from its patrons. It was a whopping 12 percent increase from January 2018.
Live! Casino and Hotel took in $46.3 million, which was up 6.3 percent from last
January, and the Horseshoe Baltimore generated $20.2 million, up just .06 percent year-over-year.
The other three locations in Maryland saw declines in their year-over-year revenue.
Hollywood Casino Perryville was down 4.3 percent, Ocean Downs dropped 6.1 percent and Rocky Gap fell 9.2 percent.
Of the $137 million generated, the state of Maryland took $55.3 million of it in taxes. $41.5 million of those tax dollars went to the state’s Education Trust Fund.
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