Md. casino revenue jumps 39 percent from year ago

WASHINGTON — Maryland’s six casinos are generating more gaming revenue for the state, and MGM National Harbor remains the casino revenue king.

All six casinos generated $134.5 million in revenue in September, up 38.6 percent from a year ago.

MGM National Harbor accounted for $49.4 million of that. There is no year-over-year comparison for MGM National Harbor, which opened in December, but it appears to be the revenue driver for the state’s casino industry.

Excluding MGM National Harbor’s September numbers, gaming revenue from the state’s five other casinos was down 12.3 percent from a year ago.

Maryland Live! Casino at Arundel Mills brought in $46.9 million in September, down 12.9 percent from a year ago.

Gaming Revenue at Baltimore’s Horseshoe Casino was down 22.1 percent from last September, at $21 million.

Revenue from the state’s three smaller casinos posted gains. Casino at Ocean Downs contributed $6.6 million, up. 12.1 percent. Hollywood Casino Perryville brought in $5.9 million, up 0.1 percent. Rocky Gap Casino Resort generated $4.7 million, up 6.1 percent.

Under Maryland law, gaming revenue goes to support the Maryland Education Trust Fund, local impact grants, the state’s horse racing industry and the Maryland General Fund.

See how the funds have been appropriated so far this year here.

Jeff Clabaugh

Jeff Clabaugh has spent 20 years covering the Washington region's economy and financial markets for WTOP as part of a partnership with the Washington Business Journal, and officially joined the WTOP newsroom staff in January 2016.

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