Maryland Casino Revenue Hit By COVID-19 Orders, Horseshoe

maryland casino revenue december 2019

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BALTIMORE (WJZ)– Maryland Lottery and Gaming announced Monday that Maryland’s six casinos generated $149,087,494 in December. That’s a $706,081 increase, or 0.5%, more than in December 2018. Contributions to the State of Maryland from December 2019 casino gaming revenue totaled $60,612,440, including $45,459,073 for the Education Trust Fund. Maryland’s three largest casinos have been limited to 25% guest capacity since mid-December, and while that has noticeably cut gaming revenue, the impact hasn’t been as severe as the capacity limits would imply. Overall, Maryland’s six casinos generated $128.8 million in gaming revenue in January. That’s down 11.5% from a... Maryland’s six casinos generated $119,356,448 in gaming revenue during December, a nearly 20% decrease compared to December 2019, which generated over $149 million. Due to the COVID-19 pandemic, MGM National Harbor, Live! Casino & Hotel and Horseshoe Casino were limited to 25% capacity during December. Maryland’s six casinos reported gross gaming revenue (GGR) of $130.3 million in November. That’s a 7.4 percent decline, or $10.4 million, compared with November of 2019. With casinos winning less... The six commercial casinos in Maryland made $119,356,448 in revenue in December, down about $11 million from November’s numbers and off by more than $30 million compared to December 2019. MGM National Harbor in Oxon Hill and Live! Casino & Hotel in Hanover, by far the two biggest casinos in Maryland, are limited to 25% capacity because of COVID-19 protocols and safety measures. So is Horseshoe Casino Baltimore, the state’s third-largest facility. The other three casinos — Ocean Downs Just one Maryland casino saw year-over-year revenue growth. Hollywood Casino in Perryville had $6.6 million in revenue in December, an 8.4% increase. The gains came at a time when casinos across... Casino gaming revenue contributes $61 million to the state. Maryland Lottery and Gaming today announced that December 2018 gaming revenues for the state’s six casinos totaled a $148,381,413 an In the 2019 fiscal year, Maryland casinos won $1,760,408,578. Of that total, 30.8 percent ($542.7 million) went to the education fund. The state’s Democratic lawmakers unveiled a plan this week to... BALTIMORE (WJZ) — Maryland’s six casinos generated $119,356,448 in gaming revenue during December 2020, according to Maryland Lottery and Gaming. The total represents a decrease of 19.9 percent... The state's six casinos generated $119,356,448 in gaming revenue during December 2020, a 19.9 percent decrease compared to the December 2019 total of $149,087,494. A ccording to data released by Maryland Lottery and Gaming , the state's six casinos saw a decrease of 19.9 percent in gaming revenue in December 2020, generating $119,356,448.

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maryland casino revenue december 2019

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