International edition
August 20, 2019

MGM reported its highest-ever monthly revenue last month

Maryland casinos produce USD 150 M record revenue in March

Maryland casinos produce USD 150 M record revenue in March
MGM National Harbour saw a 17.9 percent year-over-year increase compared with March 2017.
United States | 04/09/2018

The six casinos located in the state have brought an overall record revenue of $150.1 million, generated mainly by the growth of Prince George's County casino, MGM National Harbor, which produced $60.4 million from slot machines and table games.

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GM National Harbor, located in Prince George's County and which cost $1.4 billion to build, has driven growth in monthly casino numbers, ranking in the highest revenue among the state's casinos every month since March 2017.

According to Baltimore Business Journal, the resort generated $60.4 million from slot machines and table games last month, a 17.9 percent year-over-year increase compared with March 2017. The previous monthly record of $141.2 million was set a year ago.

March was a good month for other Maryland casinos, as well, with four registering an increase in revenue.

Ocean Downs Casino saw the biggest year-over-year growth — 26.2 percent — bringing in a total revenue of $5.9 million. The Eastern Shore casino added tables games in December.

Hollywood Casino reported a 2.4 percent year-over-year increase, with $7.1 million in earnings. Hanover's Live Casino saw 0.9 percent growth with its $47 million in revenue, and Rocky Gap Casino Resort brought in $4.7 million, a 0.5 percent rise.

Horseshoe Casino Baltimore was the only casino to see a year-over-year slump, with $24.9 million in revenue, representing a 7.8 percent year-over-year decline. Horseshoe General Manager Erin Chamberlin recently told the BBJ that the casino hopes to draw in new business with upcoming plans to develop an entertainment district on Warner Street near the South Baltimore casino.

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