Maryland Casinos Pick Up Steam as April Revenue Reaches third-best on Record

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Report Provides Details About Potential Maryland iGaming Market

A Maryland Lottery iGaming report conducted by The Innovation Group has been completed and shared with the state's General Assembly. The legislature asked for the report after 2023 efforts to legalize mobile casinos failed. Rather than moving forward with a bill, the legislature agreed that receiving a report with relevant information about…

Law ・ 16 November 2023

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

Yogonet

Maryland's six casinos report $171M revenue in April, the state's fourth-best month on record

As reported by the Maryland State Lottery and Gaming Control Agency, the state's six casinos saw a total of $171 million in gaming revenue in April, up 5.3% from a year earlier and surpassing March, becoming the fourth-best month on record for casino gaming revenue. MGM National Harbor generated the most gaming revenue and saw the biggest…

Finance ・ 17 May 2022

WBOC

Maryland Casinos Generate $170.7M in Revenue During April

BALTIMORE- Maryland's six casinos combined to generate $170744958 in gaming revenue during April 2022, state lottery officials said Thursday. The total represents an increase of $8638592 (5.3%) compared to April 2021 and surpassed the March 2022 figure of $170.6 million to become the fourth-best month in the history of the state's casino program,…

Finance ・ 06 May 2022

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Maryland casinos just had the 4th-best month on record

Maryland's six casinos had a total of $171 million in gaming revenue in April, up 5.3% from a year earlier and surpassing March to become the fourth-best month on record for casino gaming revenue. Of that total, contributions to various state programs totaled $71.8 million. The largest share of that goes to the state's Education Trust Fund,…

Lottery ・ 31 October 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

The Baltimore Sun

Sports betting in Maryland tops $16 million in first month as casinos approach revenue records

Sports betting topped $16 million in its first month at Maryland's casinos, which reported nearly record revenue, according to the state. Live! Casino & Hotel Maryland led with $7.1 million in handle - the amount wagered - followed by MGM National Harbor ($6 million), Horseshoe Casino Baltimore ($2.6 million), Ocean Downs ($554218) and Hollywood…

Sports ・ 11 January 2022

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Maryland casinos had 2nd-best month ever

Maryland's six casinos generated a combined $172.9 million in gaming revenue in December 2021, the second-best month for total gaming revenue. The total was 44.9% more than gaming revenue in December 2020. Casinos were still operating under COVID-19-related capacity restrictions a year earlier. The record for gaming revenue was set by Maryland's…

Lottery ・ 06 January 2022

Yogonet

Maryland casino revenue up 8% in October; Live! beats MGM for second time since 2017

The state's casinos took $155M last month. Live! Casino and Hotel became Maryland's top-earning venue at $60.8 million in revenue (up 22.7%), the second time it has beaten MGM National Harbor since 2017 and the first with full capacity. The latter reported $55.9 million, down 1.2% from 2020. Live! Casino and Hotel has beaten MGM National Harbor in…

Finance ・ 15 November 2021

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

Patch

Despite The Pandemic, Casinos Have Never Been Busier

This is true, especially in Maryland and Nevada, where the leisure and hospitality sectors are slowly digging themselves out of the hole. Over the past year, the staff at Maryland's six casinos have been developing ingenious strategies to keep the dice rolling on the craps tables while observing COVID safety measures. Most of the U.S. casinos that…

Covid ・ 13 September 2021

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Maryland’s Six Casinos Enjoy Revenue Gains as August Produces Another Win

Maryland's casino scene continues to show signs of a strong recovery from the COVID-19 fiasco, even as new outbreaks continue to appear. While there are no indications that last year's lockdowns will be repeated again anytime soon, businesses are still on edge as they work to push through the latest chaos. The latest figures coming out of…

Finance ・ 10 October 2021

Penn Bets

Retail Casinos Just Saw Best Month Ever In PA, But Can They Sustain It?

A year ago, Pennsylvania's gaming industry was holding its head above water through online gaming growth that offset gamblers' aversion to brick-and-mortar casino visits in the midst of a pandemic. Last month was a different story. The July figures released by the Pennsylvania Gaming Control Board showed casino visitors lost a record $309.8 million…

Covid ・ 19 August 2021

CBS Baltimore

Maryland’s Casinos Generated $161.5M In June, First Month Without Capacity Limitations

BALTIMORE, Md. (WJZ) - Maryland's six casinos combined generated $161.5 million in revenue last June, the month capacity restrictions were lifted. The restrictions were lifted only halfway through the month on June 17, but made 13% more in revenue compared to June 2019, Maryland Lottery and Gaming said. Queen Anne's County Health Department Moves…

Lottery ・ 12 July 2021

WBOC

Maryland Casinos Generate $161.5M in Revenue During June

ANNAPOLIS, Md.- Maryland's six casinos combined to generate $161498128 in gaming revenue during June 2021, Maryland Lottery and Gaming announced Wednesday. The total represents an increase of $18607558 (13.0%) compared to June 2019, when gaming revenue was $142890570. All six casinos were closed for most of June 2020 due to the COVID-19…

Finance ・ 07 July 2021

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Maryland casinos are doing better than before the pandemic

After setting a record for gaming revenue in May, the betting slowed a bit for Maryland's six casinos in June, although gaming revenue is still well above where it was this time two years ago. Maryland's six casinos generated a total of $161.5 million in gaming revenue in June, 13% more than June 2019. All six casinos were closed for most of June…

Covid ・ 12 July 2021

WTOP

April was 3rd-best month ever for Maryland casinos

Maryland's six casinos saw their third-best month ever for gaming revenue in April, following what was a record high in March. Total gaming revenue was $162.1 million, up 11.6% from April 2019, the best comparison. In April 2020, all six casinos were closed because of the COVID-19 pandemic. MGM National Harbor and Horseshoe Casino in Baltimore were…

Covid ・ 07 May 2021

Gambling News

Ohio’s Casinos Are on the Rebound Following a Record Month in March

While there is still a long way to go before enjoying pre-COVID-19 pandemic revenues, Ohio's casinos and racinos are getting there. Last month was a good month for the state's four casinos and seven racinos, which reported combined gross gaming revenue (GGR) of $215.8 million. Since legal gambling was first introduced in the Buckeye State, this was…

Covid ・ 10 April 2021

US Gambling Sites

Maryland Casinos Hit Hard by COVID-19 as New Restrictions Cut into Profits

All across the United States, an increase of COVID-19 cases is occurring. Due to the increase, hospitals are becoming overwhelmed and government officials have to make hard decisions to close businesses once again or put more restrictions in place to protect the people. In Maryland, a new surge in cases has caused tighter restrictions which has put…

Covid ・ 19 January 2021

Tunf

Maryland Casinos Rebound as Ohio Casinos Make Profits Despite Restrictions

The fall in Maryland casino revenue remained below 1% in october due to pandemic closures, while the Ohio casino gaming market hit a new revenue record for the month. Maryland's six casino operators produced combined revenues of nearly $ 142.7 million in october, according to figures released by the state's Lottery and Gaming regulator. This…

Lottery ・ 19 January 2021

Penn Bets

July Brought Pennsylvania More Casino Revenue And New Online Gaming

July took on the appearance of a strong rebound month for Pennsylvania's casino industry, with brick-and-mortar properties claiming perhaps three-quarters of their normal revenue and the state gaining an 11 iGaming site. Pennsylvania Gaming Control Board Executive Director Kevin O'Toole gave a brief presentation during the board's monthly meeting,…

Finance ・ 19 January 2021

WTOP

Maryland casino revenue falls 27% for fiscal 2020

The COVID-19 pandemic closures of Maryland's six casinos cost casino owners and the state of Maryland millions of dollars. For Maryland's just-ended fiscal year 2020, total casino gaming revenue was $1.28 billion, down 27.3% from fiscal 2019. As a result, casino contributions to Maryland state coffers totaled $529.1 million, down 26.9% from fiscal…

Finance ・ 04 February 2021

Top US Casinos

Maryland Casinos Combine to Take In $161M Revenue for June

The six commercial casinos in Maryland combined to take in $161.5 million in June, a 13% boost from the same month in 2019. Five of the six facilities recorded higher figures than they did 24 months earlier. Comparisons to 2019 are used because in 2020, casinos were closed for much of June because of COVID-19 protocols. The figure for June -…

Finance ・ 07 July 2021