Maryland casinos have reported a record-breaking month in July, generating a total of $169.8 million in gaming revenue. This marks a significant increase from the previous year, when the state’s casinos brought in $143.9 million in July 2020.
The surge in revenue can be attributed to several factors, including the loosening of COVID-19 restrictions and the increased popularity of in-person gambling as more people feel comfortable returning to casinos. Additionally, the state’s casinos have been actively promoting new attractions and special events to attract customers.
According to the Maryland Lottery and Gaming Control Agency, the state’s six casinos all saw significant growth in July. The MGM National Harbor in Prince George’s County led the way with $64.2 million in gaming revenue, followed by Live! Casino & Hotel in Anne Arundel County with $54.6 million. Horseshoe Casino Baltimore, Hollywood Casino Perryville, Ocean Downs Casino, and Rocky Gap Casino Resort also saw increases in revenue compared to last year.
In addition to the spike in gaming revenue, Maryland casinos also reported strong numbers in other areas. Total handle, which includes both slot machine and table game revenue, reached $1.35 billion in July, up from $1.1 billion in the same month last year. This indicates that more people are visiting casinos and spending money on gaming activities.
Industry experts believe that the positive trends seen in July are a sign that the state’s casino industry is poised for continued growth in the coming months. As more people feel comfortable returning to public spaces and engaging in entertainment activities, casinos are likely to see a further increase in revenue.
Maryland’s casino operators are optimistic about the future and are continuing to invest in new amenities and attractions to attract customers. With a strong summer season behind them, they are looking forward to a successful fall and winter season as well.
Overall, the record-breaking gaming revenue seen in July is a positive sign for Maryland’s casino industry, indicating that the state’s casinos are rebounding from the challenges of the past year and are well-positioned for growth in the future.
