Casinos generate record $180.1 million in July

WV News
 
Casinos generate record $180.1 million in July
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BALTIMORE — Maryland’s six casinos combined to generate a single-month record of $180,145,516 in gaming revenue during July.

It is the third time in five months that the state’s casinos have set a new revenue record.

The July total represents an increase of $40,225,498 (28.7%) compared to July 2020, when gambling revenue was $139,920,018. Casinos were limited to 50% capacity in July 2020, which was the first full month that the properties were open after being closed from March 16, 2020 to June 19, 2020, due to COVID-19. 

Earlier this year, Maryland’s casinos set a new single-month record of $169,179,016 in March, which was surpassed in May, when revenue totaled $172,394,450. Five of the top six single-month totals in the history of Maryland’s casino program have come in 2021. The state’s first casino opened in September 2010, and six casinos have been in operation since the opening of MGM National Harbor in December 2016.

Casino gambling contributions to the state in July totaled $77,338,403, an increase of $19,377,754 (33.4%) compared to the $57,960,649 contributed to the state in July 2020.

Contributions to the Education Trust Fund in July 2021 were $56,269,566, an increase of $12,789,276 (29.4%) compared to the $43,480,290 in ETF contributions during July 2020. Casino revenues also support the communities and jurisdictions where the casinos are located, Maryland’s horse racing industry, and small, minority- and women-owned businesses.

Maryland’s six privately owned casinos offer both slot machines and table games: MGM National Harbor in Prince George’s County; Live! Casino & Hotel in Anne Arundel County; Horseshoe Casino Baltimore in Baltimore City; Ocean Downs Casino in Worcester County; Hollywood Casino Perryville in Cecil County; and Rocky Gap Casino Resort in Allegany County.

The gambling revenue totals for July are:

MGM National Harbor (2,170 slot machines, 200 table games) — $72,299,979, an increase of $19,970,634 (38.2%) from July 2020.

Live! Casino & Hotel (3,731 slot machines, 188 table games) — $62,903,973, an increase of $11,396,619 (22.1%) from July 2020. 

Horseshoe Casino (1,515 slot machines, 137 table games) — $19,344,688, an increase of $3,539,269 (22.4%) from July 2020.

Ocean Downs Casino (860 slot machines, 18 table games) — $10,493,030, an increase of $2,732,817 (35.2%) from July 2020.

Hollywood Casino (761 slot machines, 16 table games) — $8,782,823, an increase of $1,773,569 (25.3%) from July 2020.

Rocky Gap Casino (657 slot machines, 18 table games) — $6,321,022, an increase of $812,590 (14.8%) from July 2020.

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