21st November 2024

Maryland Lottery and Gaming revealed details about the monetary efficiency of the state’s six casinos in February 2024. In line with the regulator, income remained kind of secure.

The authority mentioned that the six casinos have reported a complete gaming income of $159.22 million for February. This determine represents a modest 1.4% year-on-year enhance from February 2023, when the casinos declared income of $157 million.

Nevertheless, fiscal yr so far income, representing the interval from July by way of February skilled a slight decline. Whereas Maryland’s casinos reported income of $1.37 billion for the earlier yr so far interval, they now reported income of $1.28 billion.

In February 2024, The Free State’s on line casino contributed $67.79 million to the state, representing a rise of 1.3% year-on-year. Contributions to the Schooling Belief Fund stood at $48.9 million, a rise of 0.5% from February 2023. The casinos additionally contributed cash to the native horse racing trade, in addition to to small, minority- and women-owned companies. 

The Casinos’ Performances Various

Maryland Lottery and Gaming additionally revealed information in regards to the efficiency of its six industrial casinos.

MGM Nationwide Harbor, a Prince George’s County-based property, reported income of $66.83 million in February. This represents a rise of $1,234,645 (1.9%) from February 2023. The on line casino sports activities 2,276 slots and 207 gaming tables.

Reside! On line casino & Resort, in the meantime, posted income of $59.34 million, representing a rise of 6.5% from February 2023. The venue is situated in Anne Arundel County and has some 3,860 slot machines and 179 desk video games.

The Horseshoe On line casino in Baltimore Metropolis, however, reported February income of $14.95 million, highlighting a year-on-year decline of 8.2%. The on line casino has 1,371 slots and 115 desk video games.

Hollywood On line casino Perryville, a property boasting 689 slot machines and 23 desk video games, reported income of $7.Four million for February, marking a year-on-year enhance of 1.4%.

The Ocean Downs On line casino in Worcester County disclosed income of $6.35 million, a lower of seven% year-on-year. For reference, the on line casino has 859 slots and 19 gaming tables.

Lastly, the Rocky Hole On line casino in Allegany Nation reported income of $4.34 million in February. This interprets right into a decline of 18.6%. The on line casino has 620 slot machines and 16 desk video games.

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