Life! Casino & Hotel generated $ 51.5 million in revenue, which is up 4.5 percent from July 2019. It is also in close proximity to revenue derived from games at MGM National Harbor, which is the highest-grossing casino in the state. The MGM property won $ 52.3 million from gamblers in July, good for a 13.9 percent drop.
Hollywood Casino grossed $ 7 million and Rocky Gap Casino added another $ 5.5 million to the state’s gross gambling revenue. With Baltimore’s Horseshoe $ 15.8 million and Ocean Downs Casino $ 7.76 million in revenue, Maryland’s gross gaming revenue for July 2020 grew to $ 139.9 million visits Senopatipoker.
The overall figure reflects a 6.3 percent year-over-year decline, but it’s a very small drop compared to other parts of the country.
Nevada casinos reopened June 4 and with nearly a full month of operation, Silver State casinos saw a 45.5 percent drop in revenue. That led the Station Casinos CEO to question whether he should bother reopening the company’s four Las Vegas properties.
Maryland Lottery and Games director Gordon Medenica told local media that casinos are profiting from residents who have reduced their choice of recreational activities during the pandemic.
“With entertainment options limited, people really want to get out there and do something fun,” says Medenica. “Casinos are working really hard to reconfigure their operations for this ‘new normal’ and while this is still uncharted territory in many ways, it’s a great result, given the situation”.
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