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Maryland casinos Visit 5.7% Growth in YOY Earnings in April

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April was a fantastic month for the casinos of Maryland. The six privately owned casinos of the country could make $143,491,191 for the month, that will be an increase of 5.7 percent when compared to $135,714,016 earned in April 2017.

The best earner has been MGM National Harbor, a casino which has been hold the number one spot when it comes to revenues. MGM gained a total of $57,743,500 from table games and slots in April, together with revenues increasing by 15.6 percent when compared to the identical month last year.

Next in line is Live! The casino observed a small increase of 3.3% from the same time last year. The venue earned $1,499,904 greater than in April 2017. Horseshoe Casino Baltimore saw a nice growth in earnings totals last month, bringing in 11.5 percent longer, with $21,758,466 in revenues for tables and slots games. This has been a nearly $3 million increase from April 2017.

Continuing with the trend of increased revenues, the Maryland Lottery and Gaming announced that the Hollywood Casino Perryville was upward for the month, earning $6,921,776 for table and slots games in April. This is a 7.3% increase from the same time frame last year. Ocean Downs Casino was up a whopping 14.8%, with $5,454,463 in earnings earnings.

Rounding out the record is the Rocky Gap Casino Resort. This venue was up 2.8 percent for the month, earning $4,720,374 for both slot machines and table games revenues. The state of Maryland uses the casino revenues generated in a lot of ways, including building up the Maryland Education Trust Fund as well as supplying money for the horse racing industry, the state’s General Fund, local authorities and neighborhood impact grants.

Maryland casinos visit 5.7% growth in YOY revenues in April was last altered: May 11th, 2018 by Marie Kelley

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