Attention

The opinions expressed by columnists are their own and do not represent our advertisers

Tuesday, June 06, 2017

Maryland Casinos Generate $136.5 Million in Revenue During May


MGM National Harbor tops $50 million for the second time

(BALTIMORE) – Maryland Lottery and Gaming today announced May 2017 revenue numbers for the state’s six casinos: Hollywood Casino Perryville in Cecil County, Horseshoe Casino Baltimore in Baltimore City, Casino at Ocean Downs in Worcester County, Maryland Live Casino in Anne Arundel County, Rocky Gap Casino Resort in Allegany County and MGM National Harbor in Prince George’s County. Maryland’s casinos totaled $136,464,277 in revenue during May 2017 – an increase of $32,113,058, or 30.8%, compared to the May 2016 figure of $104,351,219.

In a year-to-year comparison not including MGM National Harbor, which opened on Dec. 8, 2016, statewide casino revenue in May 2017 decreased by $18,439,027, or 17.7%.

MGM National Harbor generated $50,552,085 from both slot machines and table games in May. Gross gaming revenue per unit per day in May at MGM National Harbor was: $273.10 for slot machines, $5,708.55 for banked table games and $1,403.19 for non-banked table games. MGM National Harbor operates 3,137 slot machines and 165 (126 banked and 39 non-banked) table games.

Maryland Live Casino totaled $45,890,411 from both slot machines and table games in May. Maryland Live’s gross gaming revenue per unit per day was: $241.64 for slot machines, $3,144.97 for banked table games and $880.73 for non-banked table games. May 2017 revenue at Maryland Live decreased by $13,196,052, or 22.3%, from May 2016. Maryland Live Casino operates 3,980 slot machines and 202 (150 banked and 52 non-banked) table games.

Horseshoe Casino Baltimore generated $23,594,950 from both slot machines and table games in May. Gross gaming revenue per unit per day was: $184.25 for slot machines, $2,215.64 for banked table games and $729.61 for non-banked table games. Horseshoe Casino’s May 2017 revenue decreased by $5,198,534, or 18.1%, from May 2016. Horseshoe Casino Baltimore operates 2,202 slot machines and 177 (152 banked and 25 non-banked) table games.

Hollywood Casino Perryville generated $6,358,053 from both slot machines and table games in May. Gross gaming revenue per unit per day was: $204.91 for slot machines, $2,406.17 for banked table games and $354.60 for non-banked table games. Hollywood Casino’s May 2017 revenue decreased by $540,354, or 7.8%, from May 2016. Hollywood Casino Perryville operates 846 slot machines and 20 (12 banked and 8 non-banked) table games.

Rocky Gap Casino Resort generated $4,750,443 from both slot machines and table games in May. Gross gaming revenue per unit per day was: $199.24 for slot machines and $1,244.53 for banked table games. This facility does not have non-banked table games. Rocky Gap Casino Resort’s May 2017 revenue increased by $328,270, or 7.4%, from May 2016. Rocky Gap Casino Resort operates 662 slot machines and 17 table games.

Casino at Ocean Downs generated $5,318,335 from slot machines in May, and its gross gaming revenue per unit per day was $214.27. Casino at Ocean Downs’ May 2017 revenue increased by $167,642, or 3.3%, from May 2016. Casino at Ocean Downs operates 800 slot machines and does not have table games.

Under Maryland law, casino revenue supports the Maryland Education Trust Fund as well as small-, minority- and women-owned businesses, local impact grants, local jurisdictions and the state’s horse racing industry.

Maryland Lottery and Gaming is responsible for oversight of the state’s casinos. In this role, the agency provides direction and guidance to its casino partners on financial, security, regulatory and licensing procedures for the facilities. To keep Marylanders informed and to maintain transparency of casino operations, monthly financial reports are posted on gaming.mdlottery.com. Maryland Lottery and Gaming reminds players to play responsibly and within their budget; resources are available at mdgamblinghelp.org or by calling 1-800-GAMBLER.

MAY 2017 CASINO NUMBERS

6 comments:

Anonymous said...

How much went to the public schools.

Anonymous said...

I thought everyone was broke, had no money and the economy is bad. Where does all this money come from?

Anonymous said...

Just in time to pay the bridge tolls during the summer holidays screw the kids.

Anonymous said...

7:23 It seems to me no matter how much is spent on education the children don't get any smarter.

Anonymous said...

It's for education, right? Just like the state lottery?

Anonymous said...

6:16pm - retirees, gov't workers (Fed/State/Local) and the elite. The others can't afford it - which is probably a very high percentage and truly reflects things are not well!