Maryland Casinos Record $143.7 Million in September Revenue
Despite drawing less revenue then August, Maryland casinos in September produced a year-over-year increase in gaming revenue, a first since the COVID-19 shutdown of the state's six casinos
Operating at 50% capacity, Maryland casinos drew gaming revenue of $143.7 million in September 2020, up 1% from the September 2019 total of $142.2 million.
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This September was the third full month casinos were open after the state shut them down from March 16 to June 19 to follow guidelines in the wake of COVID-19. Last month, Maryland casinos recorded $149.5 million in revenue for August, the eighth-best month of revenue in the Maryland casino program’s history.
Casino contributions to the state in September 2020 came in at $59.6 million, which was an increase of 0.8% from the $59.2 million contributed to the state in September 2019.
The contributions to the Education Trust Fund (ETC) totaled $43.4 million in September 2020, down 2.3% from September’s 2019 contribution of $44.4 million. Casino gaming revenues also support communities and jurisdictions where the casinos are located, in addition to the Maryland horse racing industry and small, minority- and women-owned businesses.
Revenue by Casino
Four of the state’s casinos saw increases in revenue this September compared to 2019, with Hollywood Casino seeing a 12.6% revenue increase of $750,000 to $6.7 million.
Rocky Gap Casino recorded $5 million in revenue with a 5.2% increase of $247,000. Both Ocean Downs Casino and Live! Casino & Hotel each had 3% increases in September 2020 from September 2019, with Ocean Downs at $7.6 million after an increase of $225,000, while Live! was at $49.1 million following an increase of $1.4 million.
Each of the state’s six casinos offer slots and table games. The September revenue was $94.2 million in Video Lottery Terminals (VLTs) and $49.4 million in table game revenue, according to the state monthly report posted on its website.
Bryce joined TopUSCasinos.com after spending the last nine years covering high school and college sports throughout Michigan. He’s served as the primary Division II beat writer for Grand Valley State and Michigan Tech. Along with his newspaper background, he's worked in marketing and recently co-founded Upbeat — the Upper Peninsula of Michigan’s first subscription-based prep sports website. His favorite sports to gamble on are football, basketball, baseball and Formula 1.