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.