Maryland Casinos Lose Big in October, State to Spend

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BALTIMORE (WJZ) — Maryland Lottery and Gaming announced Tuesday that October 2019 gaming revenues for the state’s six casinos were $143,895,409, an 8.9 percent decrease compared to this time last year. Maryland casino monthly revenue increases over 2019 for first time during coronavirus pandemic . By McKenna Oxenden. Baltimore Sun | Oct 05, 2020 at 10:25 PM . For the first time since the ccording to data released by Maryland Lottery and Gaming, the state's six casinos saw a decrease of 19.9 percent in gaming revenue in December 2020, generating $119,356,448.In the same month in 2019, the casinos had generated a total of $149,087,494. Due to COVID-19 restrictions, MGM National Harbor, Live! Total revenue from Maryland's six privately owned casinos was $143.9 million in October. That's an 8.9% decrease compared to October 2018, which saw casinos pull in $158 million, at the time their... Despite a 50% capacity limit at Maryland’s six casinos, combined gaming revenue in October was down less than 1% from October last year. Total gaming revenue last month was $142.7 million, down... Photo via Horseshoe Casino/Facebook While operating at 50 percent capacity due to coronavirus restrictions, Maryland’s six casinos generated about $142.6 million in October, a decrease of about $1.2 million compared to October 2019. The casinos — which include Live! Gaming revenue at MGM National Harbor in October was down 18.5% from October 2018, though it still accounted for 41% of total gaming revenue from all six Maryland casinos. The state also noted that Hollywood Casino in Perryville ($6.8 million in August 2020, an increase of $385,137, or 6%, from August 2019) and Rocky Gap Casino in Cumberland ($6.2 million in August 2020, an increase of $804,073, or 15%, from August 2019) saw their August 2019 gaming revenue figures improve. Other Maryland Casinos Saw Declines In the 2019 fiscal year, Maryland casinos won $1,760,408,578. Of that total, 30.8 percent ($542.7 million) went to the education fund. The state’s Democratic lawmakers unveiled a plan this week to... s casino capacities remain limited to 50% due to COVID-19 restrictions, Maryland’s six casinos made USD 142,660,085 in gambling revenue during October, a decrease of just 0.9% ($1,235,325) compared to the October 2019 total of $143,895,409.

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