Combined gaming revenue in October was down less than 1% year-over-year

Maryland casino revenue nearly matches year-ago numbers despite capacity limit

Gaming revenue at Live! Casino & Hotel was $49.6 million in October, up 4.1% year-over-year.
2020-11-09
Reading time 57 seg
Total gaming revenue last month was down 0.9% to $142.7 million, despite a 50% capacity limit. The October results were boosted by the state’s three smaller casinos.

Combined gaming revenue at Maryland’s six casinos in October was down less than 1% from the same month of 2019, despite a 50% capacity limit.

Total gaming revenue last month was $142.7 million, down 0.9%. The state collects $59.9 million of that, $43.6 million of which goes to the Maryland Education Trust Fund, as reported by WTOP News.

Total gaming revenue at MGM National Harbor was $56.6 million, down 5.5% from last year. Gaming revenue at Live! Casino & Hotel was $49.6 million, up 4.1%. Baltimore’s Horseshoe Casino had $17.3 million in October gaming revenue, down 9.5%.

The October results were boosted by the state’s three smaller casinos. Gaming revenue and Hollywood Casino was up 19.9%, Ocean Downs Casino gaming revenue was up 4.2% and Rocky Gap Casino gaming revenue was up 10.2%.

Total gaming revenue at Maryland’s six casinos in September was actually 1% higher than September 2019, the first time that has happened since the pandemic began.

Maryland’s casinos were closed to the public starting in mid-Mach. July was the first full month all casinos were open.

In addition to limiting gaming floor capacity to 50%, not all on-property bars, restaurants and retail stores have reopened.

MGM National Harbor cut its workforce by 25%, or almost 780 jobs in August.

Maryland Lottery and Gaming posts monthly and year-to-date gaming revenue distributions online.

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