Maryland casino revenue jumps 14 percent

WASHINGTON — Maryland’s six casinos generated $148.9 million in gaming revenue in June, up 14.1 percent from a year ago.

MGM National Harbor continues to account for largest portion of Maryland’s casino revenue, at $59.3 million last month, an 18.3 percent jump from June 2017.

Live! Casino & Hotel generated $48.2 million, up 15.1 percent. Live! opened its 310-room hotel in May, part of a $200 million expansion that also includes a new concert venue.

Baltimore’s Horseshoe Casino had $22.8 million in gaming revenue, up 3.3 percent from a year earlier.

The state’s three smaller casinos also saw year-over-year gains in gaming revenue. At Ocean Downs Casino, revenue was up 29.8 percent. At Hollywood Casino Perryville, it was up 4.5 percent. At Rocky Gap Casino Resort, gaming revenue was up 5.2 percent.

The state’s share of casino gaming revenue is used to fund the Maryland Education Trust Fund, local impact grants, the state’s horse racing industry and the Maryland General Fund.

Maryland Lottery and Gaming posts monthly and year-to-date casino gaming revenue online each month.

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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