Maryland Casinos post a revenue of $137 Million in January

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The six casinos in Maryland raked up an overall revenue of $137 million in January. This represents a 7.2 per cent increase in revenue year-one-year.

In spite of the rise in overall revenue, it must be stressed that only three casinos experienced a rise in revenue individually.

MGM National Harbor accounted for 41 per cent of the state’s total revenue, posting $56.2 million from its patrons, representing a 12 per cent rise year on year.

Live! Casino and Hotel posted $46.3 million, which was up 6.3 per cent from last January, and the Horseshoe Baltimore generated $20.2 million, up just 0.06 per cent year-over-year.

The other three locations in Maryland saw declines in their year-over-year revenue.

Hollywood Casino Perryville was slipped 4.3 per cent, Ocean Downs dropped 6.1 per cent and Rocky Gap fell 9.2 per cent.

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Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.