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Wednesday, May 06, 2015

Maryland casinos raked in $89 million in April; Horseshoe revenue declined amid curfew

Maryland's five casinos generated $88.9 million last month.

Including the Horseshoe Casino Baltimore, which opened in August, the state's casino industry grew 24.5 percent, or by $17.5 million. But at the state's four other casinos, year-over-year revenue for April fell by $5.42 million, or 7.6 percent. Year-over-year revenue at existing casinos has declined every months since September.

The Horseshoe Casino Baltimore, which was forced to close early the last four days of April as part of a citywide curfew, generated $22.9 million in April, down from $24.7 million in March. Noah Hirsch, the casino's vice president of marketing, said the curfew negatively impacted the casino's revenue, but he has declined to disclose how much of a hit the South Baltimore gaming venue took because of the city's unrest.

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1 comment:

  1. How much revenue went for salaries and expenses is what we want to know.

    ReplyDelete

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