Maryland sees 11.5 percent drop in gaming revenue in January

Industry

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aryland Lottery and Gaming announced on Friday that the state’s six casinos saw a decrease of 11.5% in gaming revenue, as the properties generated  $128,763,516 compared to the January 2020 total of $145,466,952 (-$16,703,436).

Casino gaming contributions to the state in January 2021 totaled $53,964,464, a decrease of $6,244,276 (-10.4%) compared to the $60,208,740 contributed to the state in January 2020.

Due to the coronavirus pandemic, MGM National Harbor, Live! Casino & Hotel and Horseshoe Casino were limited to 25% of their capacity during January 2021, while the state’s other three casinos were limited to 50% capacity.
 
Contributions to the Education Trust Fund in January 2021 were $39,215,848, a decrease of $5,945,370 (-13.2%) compared to the $45,161,218 in ETF contributions during January 2020. Casino gaming revenues also support the communities and jurisdictions where the casinos are located, Maryland’s horse racing industry, and small, minority- and women-owned businesses.
 
As part of Maryland’s effort to halt the spread of COVID-19, the casinos were closed on March 16 and began reopening with capacity limitations on June 19, WBOC reports. Casino operators worked with local and state public health officials to develop their reopening protocols. The casinos have implemented social distancing and sanitation procedures, including a requirement that all employees and patrons wear face coverings.

Maryland’s six privately owned casinos offer both slot machines and table games: MGM National Harbor in Prince George’s County; Live! Casino & Hotel in Anne Arundel County; Horseshoe Casino Baltimore in Baltimore City; Ocean Downs Casino in Worcester County; Hollywood Casino Perryville in Cecil County; and Rocky Gap Casino Resort in Allegany County.

Here are the gaming revenue totals for January 2021:

  • MGM National Harbor (1,623 slot machines, 196 table games)
    $50,502,764 in January 2021, a decrease of $8,023,745 (-13.7%) from January 2020
  • Live! Casino & Hotel (2,756 slot machines, 184 table games)
    $47,772,497 in January 2021, a decrease of $3,975,686 (-7.7%) from January 2020
  • Horseshoe Casino (1,003 slot machines, 151 table games)
    $13,757,653 in January 2021, a decrease of $5,530,627 (-28.7%) from January 2020
  • Hollywood Casino (583 slot machines, 16 table games)
    $6,840,730 in January 2021, an increase of $724,008 (11.8 %) from January 2020
  • Ocean Downs Casino (610 slot machines, 18 table games)
    $5,665,890 in January 2021, an increase of $318,094 (5.9%) from January 2020
  • Rocky Gap Casino (412 slot machines, 16 table games)
    $4,223,982 in January 2021, a decrease of $215,479 (-4.9%) from January 2020

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