In the month of May, Maryland casinos raked in a staggering $173.2 million in gaming revenue, according to the Maryland Lottery and Gaming Control Agency. This marks a significant increase from the previous month, with a 49.7% jump in revenue.
The strong performance of Maryland casinos can be attributed to a number of factors, including the easing of COVID-19 restrictions, the reopening of businesses and attractions, and a renewed interest in gaming and entertainment activities. With more people getting vaccinated and feeling more comfortable going out in public, it’s no surprise that casino revenue has seen a sharp increase.
Leading the way in terms of revenue generation was MGM National Harbor, which brought in a total of $67.7 million in May. This represents a 30.7% increase from the previous month and solidifies MGM National Harbor’s position as the top-grossing casino in the state.
Following closely behind was Live! Casino & Hotel in Hanover, which reported a total gaming revenue of $61.2 million in May. This is a 51.9% increase from April and demonstrates the casino’s ability to attract a large number of visitors and patrons.
Horseshoe Casino Baltimore also saw a significant increase in revenue, bringing in $20.8 million in May. This represents a 64.2% jump from the previous month and highlights the casino’s strong performance in the competitive Maryland gaming market.
The remaining casinos in the state, including Hollywood Casino Perryville, Ocean Downs Casino, and Rocky Gap Casino Resort, also reported healthy increases in revenue for the month of May. This is a positive sign for the Maryland gaming industry as a whole and bodes well for the future of casino gaming in the state.
Overall, the $173.2 million in gaming revenue generated by Maryland casinos in May is a clear indicator of the industry’s resilience and ability to bounce back from the challenges posed by the COVID-19 pandemic. With more people returning to casinos and enjoying a night out, it’s likely that we will continue to see strong revenue numbers in the months to come.