In a record-breaking month for Maryland’s casino industry, the six casinos in the state generated a total revenue of $173.15 million in May. This marks a significant increase from the previous month’s revenue of $162.10 million and sets a new all-time high for the state.
According to PlayUSA, a leading source for news and analysis on the gaming industry, the strong performance can be attributed to several factors, including the easing of COVID-19 restrictions and the increasing popularity of sports betting and online gaming.
Leading the way in May was MGM National Harbor, which reported a revenue of $69.50 million, up from $62.70 million in April. The casino, located in Prince George’s County, has consistently been one of the top performers in the state and continues to attract visitors with its luxurious accommodations and world-class entertainment options.
Following closely behind was Live! Casino & Hotel in Anne Arundel County, which reported a revenue of $58.50 million in May. The casino, known for its lively atmosphere and diverse gaming options, saw a significant increase in revenue compared to the previous month.
Horseshoe Casino Baltimore also had a strong showing in May, reporting a revenue of $23.90 million. The casino, located in the city’s downtown area, has become a popular destination for locals and tourists alike, offering a wide range of gaming options and dining experiences.
Rounding out the top six were Hollywood Casino Perryville, Ocean Downs Casino, and Rocky Gap Casino Resort, which reported revenues of $10.60 million, $7.65 million, and $3.00 million, respectively. While these casinos may not have generated as much revenue as their larger counterparts, they still played a significant role in the overall success of Maryland’s gaming industry.
Overall, the May revenue figures are a positive sign for Maryland’s casino industry, which has been steadily recovering from the challenges posed by the COVID-19 pandemic. With the state’s casinos continuing to attract visitors and generate revenue, industry experts are optimistic about the future and anticipate further growth in the coming months.
