The chips are down this summer at Maryland’s casinos

Gaming revenue generated by Maryland’s six casinos in July was down 4% from a year ago, with a double-digit drop at Baltimore’s Horseshoe Casino.

Revenue from slot machines and table games totaled $174.3 million. Last July, the total was $181.5 million, the second-best month for gaming revenue in the 13-year history of Maryland’s legalized casinos.

Of this July’s total, Maryland collected $73.2 million for state programs, down 3.8% from last July. The majority of gaming revenue the state collects goes to the Maryland Education Trust Fund.

Horseshoe Casino made $16 million in July gaming revenue, down 12.9% from a year ago. MGM National Harbor’s July gaming revenue was down 6.6% from last year, at $72.2 million. Live Casino & Hotel at Arundel Mills saw $62.7 million in July gaming revenue, down 1.9%.

Year-over-year gaming revenue was also lower at the state’s three smaller casinos: Down 4.2% at Ocean Downs, down 6.6% at Rocky Gap and down less than 1% at Hollywood Casino.

Maryland Lottery and Gaming posts monthly and year-to-date casino gaming revenue, and contributions to state programs online.

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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