Maryland Casinos Break sales Record With Spike in March

Maryland’s six commercial gambling enterprises combined setting a record that is single-month $169.2 million in revenue in March, a month when coronavirus-related capacity limits began to disappear.

One year on from the pandemic that is COVID-19 which turn off gambling enterprises round the nation, the monetary numbers for March are welcome news within the Old Line State.

That March figure — $169,179,016, to be— that is exact an increase of $43 million from the February revenue of $126,208,025.

Maryland casinos can now operate at full capacity with two exceptions: MGM National Harbor in Oxon Hill and Horseshoe Casino Baltimore. Both of them raised their capacity limits from 25% to 50% in March. The state’s other four casinos now can run at 100% capacity, albeit with some empty spaces at slot machines and gaming tables to continue meeting distancing that is social.

The March income broke the continuing state record set exactly two years earlier. In March 2019, Maryland casinos combined for $163,262,848 in revenue.

According to figures posted by Maryland Lottery and Gaming, five of the six casinos posted increases in revenue compared to 24 months earlier. Comparisons to March 2019 are more useful than 2020 because the casinos closed on March 16, 2020, as part of a effort that is nationwide stop the spread of COVID-19. The facilities reopened on June 19 with capability limits and, once again with two exceptions, are simply now going tilt that is full

MGM National Harbor Top Performer

MGM National Harbor led the way in total revenue (slot machines plus games that are table for March with $66.5 million, 6% more than March 2019. Live! Casino & Hotel in Hanover implemented closely at $61.1 million (9.2% more than 24 months earlier in the day). Hollywood Casino Perryville had the spike that is biggest compared to two years earlier, up 21% to $8.7 million. Ocean Downs Casino in Berlin reported $7.5 million in revenue for March (13.3% higher than March 2019) and Rocky Gap Casino Resort in Flintstone had $5.6 million (up 8.6%)

Horseshoe Casino — again with capacity limits still in place — was the Maryland that is only casino to fit its production from 2 yrs earlier in the day, missing it by 22.7per cent. It received $19.8 million in March 2021 income.

The gambling enterprises contributed $71 million to Maryland’s coffers in March, with $51.6 million visiting the Education Trust Fund.

The gross terminal income from Video Lottery Terminals (VLTs) hit $112.7 million in March, a 33.1% enhance from $84.7 million in February. Revenue from table games rose to $56.4 million from $41.5 million, a 35.9% jump.

The following month is assured become 100% better in a year-over-year comparison no real matter what the tally that is final — in April 2020, the first full month of the shutdown, Maryland casinos drew no revenue.

In addition to the news that is good gambling enterprises, activities wagering is a procedure that has been resolved in Maryland. The Maryland legislature happens to be hammering down information on statewide activities wagering, which bettors authorized in 2020.(* november)

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