Gambling in the USA

Maryland reports record casino revenue in October

Published

6 years ago

November 8, 2018

Niji Narayan

Maryland reports record casino revenue in October

Photo Source: tripsavvy.com

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The Maryland Gaming Commission reports that state’s casinos posted record revenues in August. The six casinos in the state generated US$128 million in gaming revenue in October, which represents 19 per cent growth year on year. The previous record was the US$156.6 million posted in May earlier this year.

MGM National Harbor, the latest casino to open in the state, led the revenue spree, totalling half of the state’s revenue with US$73 million.

Live! Casino and Hotel, which had been the biggest revenue scorer in the state before the opening of the MGM facility, brought in US$47 million in October. Horseshoe Casino Baltimore saw a 7.6 per cent increase to US$21 million, while Oceans Downs Casinos totalled US$6 million in revenue.

On the other hand, both Hollywood Casino Perryville and Rocky Gap Casino Resort experienced a slight decrease in revenues, reporting US$5.8 and US$4.5 million, respectively.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.