Maryland casino revenues up from last year

WASHINGTON — Maryland’s six casinos had gaming revenue of $127.8 million in January, up 1.2 percent from January 2017.

That total compares to $141 million in December’s total take at Maryland’s six casinos.

It was also the first month in which it was possible to make a direct year-over-year comparison that includes MGM National Harbor, which opened on Dec. 8, 2016.

MGM National Harbor accounted for $50.2 million of January’s gaming revenue, up 2.9 percent from its first, full month a year ago.

The state’s second-largest casino, Live! Casino at Arundel Mills slipped a bit from a year ago, with $43.5 million in gaming revenue, down 1 percent.

The third-largest casino, Baltimore’s Horseshoe Casino had $20.1 million in January revenue, down 0.7 percent from a year earlier.

Ocean Downs Casino had a big jump in gross gaming revenue, totaling $4.5 million, up 23.6 percent from January 2017.

Hollywood Casino Perryville’s $5.7 million in gaming revenue was down 1.2 percent. Rocky Gap Casino Resort’s $3.7 million in revenue was down 1.1 percent.

Maryland’s share of gross casino revenue, roughly 40 percent, is earmarked for the Maryland Education Trust Fund, local impact grants, the state’s horse racing industry and the Maryland General Fund.

Monthly and year-to-date distributions are publicly available on the Maryland Lottery and Gaming Control’s website.

Live! Casino is wrapping up a major redevelopment that includes a 17-story hotel, event center and meeting spaces, day spa and salon, all expected to open by spring.

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