Revenue at Casinos Down Slightly in Maryland for September

The six commercial casinos in Maryland made a huge revenue leap compared to a year earlier, combining for $165.4 million in revenue for September. That was 15% higher than the $143.7 million from September 2020.

However, the figure was down slightly in a month-over-month comparison, falling 1.8% from the $168.5 million in August.

The casinos – MGM National Harbor in Oxon Hill, Live! Casino & Hotel in Hanover, Horseshoe Casino Baltimore, Ocean Downs Casino in Berlin, Hollywood Casino Perryville and Rocky Gap Casino Resort in Flintstone – contributed nearly $69 million to the state for the month, including $50.1 million to the Education Trust Fund.

The $165.4 million for September was the fifth-best month in 2021 for Maryland casinos, according to figures from Maryland Lottery and Gaming. The state has broken its own revenue record three times this year: $169.2 million in March, then $172.4 million in May, and most recently $180.1 million in July.

Breakdown of Maryland Casino Revenue

The MGM National once again led the state in revenue for September at $69.5 million a 20% hike from 12 months earlier. The facility has the most table games of any casino in the state (199) and offers 2,123 slot machines.

Live! was second at $56.5 million. That casino has 3,747 slots, the most in the state, and 190 table games. Its revenue was 14.9% higher than in September 2020.

Horseshoe was the only casino to experience a revenue decrease in a year-over-year comparison, falling 0.5% to $17.5 million. The rest of the casinos and their revenues for September were Ocean Downs ($9.0 million), Hollywood ($7.5 million) and Rocky Gap ($5.4 million).

Sports Betting Progress in Maryland

The Old Line State is getting closer to offering MD sports betting at its casinos.

On Wednesday, the Maryland Lottery and Gaming Control Commission announced that three of the casinos had met all requirements for a Maryland sports betting license. They were MGM, Live! and Horseshoe.

The state has not set a date for implementing sports wagering, but the aim is that it will begin at retail outlets this fall during NFL betting season. Mobile sports betting is slated to begin some time in 2022 in the state.

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WRITTEN BY
MarylandBets.com
Jim Tomlin
Jim Tomlin has nearly 30 years of experience in journalism, having worked at such publications as the Tampa Bay Times, FanRag, Saturdays Down South and Saturday Tradition. He is a contributing writer and editor for MarylandBets.com.
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Jim Tomlin has nearly 30 years of experience in journalism, having worked at such publications as the Tampa Bay Times, FanRag, Saturdays Down South and Saturday Tradition. He is a contributing writer and editor for MarylandBets.com.
... Read More