Thursday, September 26, 2019

MGM National Harbor bounces back from 2 straight monthly declines - WTOP

MGM National Harbor bounces back from 2 straight monthly declines - WTOP


MGM National Harbor bounces back from 2 straight monthly declines - WTOP

Posted: 06 Aug 2019 12:00 AM PDT

Maryland's six casinos generated $149.3 million in gaming revenue in July, up 1.9% from July 2018.

MGM National Harbor accounted for $60.8 million of that total, an increase of 4.1% from a year ago, and the gain follows the casino's first-ever back-to-back declines in gaming revenue in June.

Various state programs in Maryland will get $61.7 million of that, including $46.3 million for the state's Education Trust Fund.

The state's second-largest casino, Live! Casino & Hotel at Arundel Mills, had $49.3 million in July gaming revenue, a 3.2% increase from a year earlier.

Baltimore's Horseshoe Casino was the only one of the state's three largest casinos to see gaming revenue decline. It had $19.4 million in gaming revenue, down 5.2% from a year ago.

The state's three smaller casinos had mixed results.

Hollywood Casino Perryville had $6.5 million in July gaming revenue, up 5.9%. Ocean Downs Casino had $8.2 million in gaming revenue, down 5.5%. Rocky Gap Casino Resort had $5.2 million in gaming revenue last month, up 0.6%.

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

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