Maryland casinos break monthly revenue record at $212.9M in October

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Maryland casino revenue drops 25%, but there’s an explanation

Maryland's six casinos generated $159.8 million in revenue from slot machines and table games in October, down 24.9% from October 2022. The year-over-year comparison seems like a significant decline, but it is also compared to last October, when casinos set a single-month revenue record on what was unusually high volume last fall. Maryland casinos'…

Finance ・ 09 November 2023

Northern Nevada Business Weekly

Nevada casinos set single-month revenue record in July

So much for a gaming revenue slowdown. Nevada's casino industry set a single-month record in July with more than $1.4 billion in casino earnings, fueled by elevated revenue from slot machines statewide and the highest hold percentage on baccarat wagers by Strip casinos in 20 years. After seeing statewide gaming revenue decline in three out of the…

Finance ・ 05 September 2023

Nevada Appeal

Casinos set revenue record; Washoe tops $100M

So much for a gaming revenue slowdown. Nevada's casino industry set a single-month record in July with more than $1.4 billion in casino earnings, fueled by elevated revenue from slot machines statewide and the highest hold percentage on baccarat wagers by Strip casinos in 20 years. After seeing statewide gaming revenue decline in three out of the…

Finance ・ 01 September 2023

The Nevada Independent

Nevada casinos set a single-month revenue record of $1.4B during July

So much for a gaming revenue slowdown. Nevada's casino industry set a single-month record in July with more than $1.4 billion in casino earnings, fueled by elevated revenue from slot machines statewide and the highest hold percentage on baccarat wagers by Strip casinos in 20 years. After seeing statewide gaming revenue decline in three out of the…

Finance ・ 31 August 2023

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Gambling News

PGCB: Gambling Revenue Reached $452M Thanks to iGaming

Image Source: Shutterstock.com On Monday, the Pennsylvania Gaming Control Board issued a report, according to which the gaming revenue generated from all kinds of gambling continued to rise and reached $452357922 in November, especially because of online gambling. That is an increase of 4.59% compared to the November 2021 results and approximately…

Finance ・ 20 December 2022

Gambling News

New Jersey Casinos Post Strong Revenue Results in November

On Friday, the gambling regulator revealed that last month, the total gaming revenue reported by casinos, racetracks and their partners hit $441.1 million. This result marked a slight 0.3% increase when compared to the $439.6 million reported for the same period in 2021. Focusing on the bigger picture, year-to-date results until the end of November…

Finance ・ 19 December 2022

Yogonet

Nevada casinos exceed $1B in revenue for 20th straight month with $1.28B in October

Nevada casinos are keeping up their record-setting revenue streak, exceeding $1 billion in win for the 20th straight month. The Silver State extended its historic roll with $1.28 billion in gambling revenue in October, according to a report released by the Nevada Gaming Control Board, proving inflation is no match for gambling appetite in the…

Land-based ・ 30 November 2022

New Jersey Online Gambling

Online Casino Revenue Record Softens Decline For October In NJ

The New Jersey Division of Gaming Enforcement reported record revenue of $147.2 million in online casino gaming for October, but the notable month-over-month increase was not enough to prevent a decline in total casino revenue outside of sports wagering. Revenue from the two pillars of casino gaming totaled $367.8 million for October, a dip of 5%…

Finance ・ 18 November 2022

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Yogonet

Pennsylvania: Gaming revenue for October up by almost 6%, driven by record online casino performance

The Pennsylvania Gaming Control Board has reported gaming revenue results for October. During the last month, the combined revenue general from all forms of gaming amounted to $450.2 million, an increase of 5.7% compared to last year's October. The increase was driven by a record-setting performance of online casino gaming in the Keystone…

Finance ・ 18 November 2022

Casino City Times

Detroit casinos report $102.8 million in October revenue

Gaming News 14 November 2022 (PRESS RELEASE) -- The three Detroit casinos reported $102.8 million in monthly aggregate revenue in October. Table games and slots generated $100.7 million in revenue while retail sports betting generated a $2.1 million. Aggregate revenue declined nearly 10% compared with $114.1 million in monthly aggregate revenue…

Finance ・ 14 November 2022

State of Michigan

Detroit casinos report $102.8 million in October monthly aggregate revenue

Detroit, Nov. 14, 2022 - The three Detroit casinos reported $102.8 million in monthly aggregate revenue in October. Table games and slots generated $100.7 million in revenue while retail sports betting generated a $2.1 million. Aggregate revenue declined nearly 10% compared with $114.1 million in monthly aggregate revenue reported for October…

Finance ・ 15 November 2022

Yogonet

Maryland casinos break monthly revenue record at $212.9M in October

As reported by the Maryland Lottery and Gaming Commission, Maryland's six casinos have delivered a new single-month record, as they havecollectively generated $212.9 million in revenue from slot machines and table games in October. The total represented an increase of $57.9 million (37.4%) compared to the same period last year, and has also beat…

Finance ・ 09 November 2022

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Gambling News

4.24% Year-On-Year Increase in August Gambling Revenue in Pennsylvania

The Pennsylvania Gaming Control Board, which is responsible for regulating all gambling activities in the state, has reported on the total gaming revenue and the revenues across various forms of gambling in the state of Pennsylvania for the month of August. In August, the total gaming revenue in the state of Pennsylvania coming from all forms of…

Finance ・ 20 September 2022

Yogonet

Maryland casinos report record-setting performance in July, reaching $181M in revenue

Maryland Lottery and Gaming Control Agency has unveiled July's numbers for the six casinos operating in the jurisdiction over the course of the month, amounting to over $181.5 million in gaming revenue and a $76.1 million contribution to the state. For the second year straight, Maryland's properties began the fiscal year with a record-setting…

Finance ・ 15 August 2022

Conduit Street

Maryland Casinos Generate Single-Month Revenue Record

Last month, Maryland's six casinos generated over $181.5 million in gaming revenue, contributing $76.1 million to the state. For the second year in a row, Maryland's six casinos began the fiscal year with a record-setting performance, generating $181503226 in gaming revenue during July 2022. According to Maryland Lottery and Gaming, the total…

Finance ・ 08 August 2022

Yogonet

Pennsylvania casinos post flat $390M revenue in June, but top $5B in gambling win for a first time in FY 21/22

The combined revenue generated from all forms of gaming in Pennsylvania during June 2022 was almost flat at $389.8 million, a slight increase of 0.24% compared to revenue in the same month last year. However, Fiscal Year 2021/2022 revenue, which runs from July 1st to June 30th, reached a record $5.05 billion, according to a report from…

Finance ・ 20 July 2022

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The Nevada Independent

Slot machine play lifts Nevada to second-highest ever revenue month

Nevada casinos fell $4 million short of tying the state's single-month gaming revenue record during March, and Las Vegas Strip casinos recorded their highest revenue month of all time. Analysts credited the locals' gaming markets and slot machine players with driving Nevada to its 13th straight gaming revenue month of more than $1 billion. The…

Finance ・ 28 April 2022

Gambling News

Pennsylvania Gaming Revenue Hits New $462.7M Record in March

Judging by figures released by the gaming regulator in Pennsylvania, the gaming industry in the state has seen a record-breaking revenue last month. The Pennsylvania Gaming Control Board (PGCB) released its latest report, revealing the gaming revenue reported by licensed operators for March. Without any doubt, last month was successful for the…

Finance ・ 20 April 2022

Yogonet

Maryland casinos see $170M revenue in March with MGM National Harbor as top performer

The Maryland Lottery and Gaming Control Commission reported Tuesday the state's financial results for March, and showed casinos raked in more than $170 million in gaming revenue during that period. Even though last month's performance saw a 1% increase compared to March 2021, back when the COVID-19 capacity restrictions were first lifted, March's…

Finance ・ 08 April 2022

Gambling News

Maryland: Gaming Revenues for Casinos Hit $170.6M in March

New data released by the gaming regulator in Maryland reveals that March was a successful month for casinos in the state. Casinos in Maryland have seen gaming revenue hit $170565837 during March this year, according to data released Wednesday by the Maryland Lottery and Gaming Commission. The regulator said that the $170.6 million in gaming revenue…

Finance ・ 09 August 2022

Yogonet

Three Maryland casinos get first greenlight for sports betting, gambling revenue grows 15%

s sports betting takes a new step in Maryland, casinos have generated a total of $165.4 million in gaming revenue during the month of September, according to the Maryland Lottery & Gaming Control Agency. The figures represent a 15.1% increase over September 2020, a month in which gaming venues posted $143.7 in revenue. It is worth noting, however,…

Sports ・ 06 October 2021

Gambling Industry News

New Jersey Gambling Revenues Up Slightly for Month of November

The latest monthly revenue report from the New Jersey Division of Gaming Enforcement has revealed that combined gambling revenues for the month of October came to $441.1 million. October's figures represent a drop of 1% on the $445.7 million reported in the previous month and a marginal increase of 0.3% on the same period in 2021. This brings the…

Finance ・ 20 December 2022