That’s good news with Maryland breaking its own education contribution record after the last fiscal year ended in mid-2019.
Maryland’s six privately-owned casinos, which include MGM National Harbor, Live! Casino & Hotel, Horseshoe Casino Baltimore, Hollywood Casino Perryville, Ocean Downs Casino and Rocky Gap Casino Resort, combined for $149.1 million in gross revenue for December 2019. For the calendar year, between VLTs and live table games, Maryland had more than $1.757 billion in total Gross Terminal Revenue from its casinos.
However, while the combined revenue of the casinos continued to trend up, not all enjoyed the same level of success.
Half the group saw some growth when comparing to December 2018.
The MGM National Harbor, in Prince George’s County, led all casinos with $62.6 million in total revenue from its 3,137 slot machines and 207 table games.
That was 4.5% better than the casino did in December 2018.
Next on the list was Live! Casino & Hotel, the second-biggest casino in the state located in the Arundel Mills mall in Hanover. The gross revenue from the casino’s 3,852 slot machines and 191 table games eclipsed $51.7 million in December 2019 which is 3.4% better than the prior year’s number.
Together, Maryland’s two biggest casinos combined to bring in over 75% of the total casino revenue during the final month of 2019.
The only other casino to see growth over the prior year’s reporting period was Ocean Downs Casino in Worcester County. Relying on its 892 slot machines and just over 18 table games, Ocean Downs saw an increase of 3.7% in December 2019 to $5.6 million in combined gross revenue.
Maryland’s other three casinos each reported losses compared to the revenue numbers for December 2018.
Horseshoe Casino Baltimore, which hosts 2,106 slot machines and 161 table games, saw the biggest decrease among all six casinos. Horseshoe was down 15.7% from December 2018 to $18.7 million in December 2019.
Meanwhile, Rocky Gap Casino Resort, which hosts 665 slot machines and 18 table games, and Hollywood Casino Perryville, which offers 822 slot machines and 21 table games, rounded out the group.
Rocky Gap reported a 4.5% decrease from last year to $4.2 million in December 2019. Hollywood decreased by 3.5% to around $6 million in December 2019.