CASINO

MGM National Harbor outperforms other Maryland casinos in July

TAGs: Maryland, national harbor

Maryland’s newest casino continues to dominate its state rivals, posting revenue over $50 million in four of the past five months.

MGM National Harbor outperforms other Maryland casinos in JulyData from the Maryland Lottery and Gaming Control Agency showed that the state’s six casinos extended their gains in July 2017, raking in $138.76 million in revenue. The figure was 36 percent higher compared to the July 2016 number of $103.85 million, before MGM Resorts’ National Harbor venue had opened to the public.

July’s data was also an improvement from the previous month, when the state reported gaming revenue of $130.5 million. But excluding National Harbor, statewide casino revenue in July 2017 decreased by $15,865,020, or 15.3%.

Speaking of National Harbor, the state’s largest casino remained at the top of Maryland’s revenues chart, generating $50.8 million from both slot machines and table games in July.

National Harbor, which opened on December 8, 2016, operates 3,126 slot machines and 168 (129 banked and 39 non-banked) table games. Gross gaming revenue per unit per day in July at National Harbor was: $282.97 for slot machines, $5,352.87 for banked table games and $1,608.43 for non-banked table games.

Revenue of Maryland’s former number one property, Live!, from both slot machines and table games dropped 22.5 percent to $46.85 million in July compared to the previous year. Live! could only take comfort from the fact that its July revenue was better than the $41.8 million revenue it posted in June.

Live! operates 3,910 slot machines and 190 (138 banked and 52 non-banked) table games.

Like Live!, Caesars Entertainment’s Horseshoe Casino Baltimore also saw its revenue drop 8 percent to $22.9 million from both slot machines and table games. Horseshoe Casino Baltimore operates 2,202 slot machines and 178 (153 banked and 25 non-banked) table games.

Hollywood Casino Perryville and Casino at Ocean Downs both saw their revenues tumbling to $6.6 million and $6.4 million in July, respectively. Hollywood Casino Perryville operates 822 slot machines and 21 (13 banked and 8 non-banked) table games while Casino at Ocean Downs operates 800 slot machines and does not have table games.

Joining the National Harbor in the winners club is the Rocky Gap Casino Resort. Data shows that Rocky Gap eked a $5.08 million revenue from both slot machines and table games in July. Rocky Gap Casino Resort operates 663 slot machines and 17 banked table games.

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