Baltimore’s Horseshoe sees Maryland’s largest drop in gambling revenue

WTOP
 
Baltimore’s Horseshoe sees Maryland’s largest drop in gambling revenue
Wild Casino

Overall gaming revenue from slot machines and table games at the six casinos in Maryland totaled $161.4 million in August. That’s down 4.7% from a year ago, but the declines varied by individual casino.

Maryland Lottery and Gaming reports Baltimore’s Horseshoe Casino generated $15.4 million in gaming revenue last month — down 10.6% from a year earlier.

MGM National Harbor had the second-largest year-over-year decline among the state’s three largest casinos, though it still generated the largest share of gaming revenue, at $68.4 million in August. That’s down 4.8% from a year ago.

Live! Casino and Hotel remains the second-largest Maryland casino in terms of gaming revenue, at $55.1 million in August. That’s down 3.1% from a year ago.

Gaming revenue was down at the state’s three other casinos as well — down 6.9% at Rocky Gap Casino, down 4.5% at Ocean Downs and down 1.2% at Hollywood Casino.

Of total August gaming revenue, contributions to the state totaled $68.1 million. That’s down 3.9% from last August, with the lion’s share of that —  $49.1 million — going to Maryland’s Education Trust Fund.