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BALTIMORE (WBFF) - A new report reveals that every casino in Maryland posted a decrease in revenue in February of 2021 compared to February of 2020.
The casino posting percentage the largest decrease is the Horseshoe Casino in Balitmore. The casino brought in $14,314,156 in February. That's down 20.1% compared to February of 2020.
MGM National Harbor posted the largest monetary decrease. That casino dropped $10,275,824 from February of 2020.
Here's the complete list:
- MGM National Harbor (1,636 slot machines, 196 table games) - $50,833,242 in February 2021, a decrease of $10,275,824 (-16.8%) from February 2020
- Live! Casino & Hotel (2,772 slot machines, 184 table games) - $44,969,686 in February 2021, a decrease of $9,795,368 (-17.9%) from February 2020
- Horseshoe Casino (1,009 slot machines, 152 table games) - $14,314,156 in February 2021, a decrease of $3,606,449 (-20.1%) from February 2020
- Hollywood Casino (601 slot machines, 16 table games) - $6,296,320 in February 2021, a decrease of $362,425 (-5.4 %) from February 2020
- Ocean Downs Casino (609 slot machines, 18 table games) - $5,805,370 in February 2021, a decrease of $169,345 (-2.8%) from February 2020
- Rocky Gap Casino (416 slot machines, 16 table games) - $3,989,252 in February 2021, a decrease of $856,900 (-17.7%) from February 2020
Overall, Maryland casinos generated $126,208,025 in gaming revenue during February of 2021. That is a decrease of $25,066,312, or a drop of 16.6% compared to the February 2020.
Because of the COVID-19 pandemic, four casinos are limited to 50% capacity; MGM National Harbor and Horseshoe Casino are limited to 25% capacity.
ALSO READ | Maryland casino revenue drops in November
ALSO READ | Multiple cars damaged in Maryland Live Casino garage
This is a list of casinos in Maryland.
List of casinos[edit]
| Casino | Opening | Location | VLTS | Tables | Revenue[1] | Notes |
|---|---|---|---|---|---|---|
| Rocky Gap Casino Resort | May 22, 2013 | Flintstone | 631 | 18 | $46,082,330.36 | Built on the grounds of Rocky Gap State Park. First proposal was rejected due to failure by the developer to pay licensing fees. The Maryland Lottery subsequently lowered the casino tax rate for this location and allowed a second round of bids for new proposals, however, no developers submitted any bids. During the third round of bids, three developers submitted bids and licensing fees, two of which were rejected. The license went to the remaining developer and was awarded in late April 2012. Construction began after receiving approval by the Board of Public Works. The developer bought the entire existing resort in addition to building the casino. [2][3][4] |
| Horseshoe Casino Baltimore | August 26, 2014 | Baltimore | 2,202 | 178 | $289,452,530.23 | |
| Hollywood Casino Perryville | September 17, 2010 | Perryville | 850 | 22 | $77,269,240.74 | The first casino to open in the state. |
| Live! Casino & Hotel | June 6, 2012 | Hanover | 3,994 | 206 | $629,732,519.82 | The first phase, with 3,200 slot machines and electronic table games, opened on June 6, 2012. Phase II, with 1,550 additional machines, opened in September 2012. Traditional live table games began operation on April 11, 2013. A two-story Poker Room opened on August 28, 2013.[5] |
| Ocean Downs | January 4, 2011 | Berlin | 800 | 0 | $55,889,525.90 | The casino opened in 2011, complementing a facility which already featured live horse racing. |
| MGM National Harbor | December 8, 2016 | Oxon Hill | 3,139[6] | 165 | $49,944,074 (April '17) | On December 20, 2013, MGM Resorts International was awarded the license to construct a $925 million casino resort in National Harbor. The figure subsequently went up to an approved $1.2 billion.[7] |
Expansion of table games[edit]
Governor Martin O'Malley promised to look to expand Maryland's array of gambling in the 2012 legislative session. On February 7, 2012, Senator Douglas JJ Peters introduced legislation in the Maryland State Senate that would legalize an additional casino in Prince George's County. His legislation would legalize a certain number of slot machines and table games in Prince George's as well as table games for the other two open and three yet-to-open casinos in Maryland. The legislation would set aside 2.5% of the Prince George's County casino revenue for an economic development fund and an additional 2.5% of revenue to fund the construction of a new hospital in the County.[8] Such legislation must be approved by the House of Delegates, Senate, Governor, statewide voter referendum, and county-wide voter referendum. At the time, there was speculation that a casino license in Prince George's County would be awarded to a company that plans to build it at either National Harbor or Rosecroft Raceway. While this proposal failed during the regular 2012 legislative session, Governor O'Malley championed a special session in July of that year to address the issue of gambling expansion, which passed in the Maryland legislature. The casino legislation required it to pass a Maryland referendum in November. On November 6, 2012, the casino referendum passed, allowing table games at the existing authorized casinos and allowing a sixth casino to be built in Prince George's County.[9] On December 20, 2013, the Prince George's County casino license was awarded to MGM Resorts International for a casino resort, which opened on December 8, 2016, at National Harbor.
See also[edit]
References[edit]
Casino Gaming In Maryland City
- ^http://gaming.mdlottery.com/maryland-casinos-generate-95-17-million-in-revenue-during-december/
- ^'Strike one: Rocky Gap slots proposal rejected'. Cumberland Times-News. 28 September 2011. Retrieved 8 June 2012.
- ^Haber, Gary (13 January 2012). 'Md. slots commission rejects Landow's Rocky Gap bid'. Baltimore Business Journal. Retrieved 8 June 2012.
- ^Dresser, Michael; Cho, Hanah (26 April 2012). 'Rocky Gap casino license awarded'. The Baltimore Sun. Retrieved 8 June 2012.
- ^Kilar, Steve (3 June 2012). 'With new casino opening, a look back at Cordish's gambling record'. The Baltimore Sun. Retrieved 8 June 2012.
- ^https://smnewsnet.com/archives/418572/maryland-casinos-generate-135-7-million-revenue-april/
- ^Rector, Kevin. 'MGM chosen for Prince George's casino license'. The Baltimore Sun. Retrieved 22 December 2013.
- ^Associated Press (6 February 2012). 'Bill would OK table games and casino site in P.G. Co'. The Baltimore Sun. Retrieved 8 June 2012.
- ^Wagner, John (21 May 2012). '2nd Md. special session could be week of July 9'. The Washington Post. Retrieved 8 June 2012. On November 6, 2012, Question 7 has voted legalizing table games
External links[edit]
New Mgm Casino In Maryland
- Media related to Casinos in Maryland at Wikimedia Commons
BALTIMORE (WBFF) - A new report reveals that every casino in Maryland posted a decrease in revenue in February of 2021 compared to February of 2020.
The casino posting percentage the largest decrease is the Horseshoe Casino in Balitmore. The casino brought in $14,314,156 in February. That's down 20.1% compared to February of 2020.
MGM National Harbor posted the largest monetary decrease. That casino dropped $10,275,824 from February of 2020.
Here's the complete list:
- MGM National Harbor (1,636 slot machines, 196 table games) - $50,833,242 in February 2021, a decrease of $10,275,824 (-16.8%) from February 2020
- Live! Casino & Hotel (2,772 slot machines, 184 table games) - $44,969,686 in February 2021, a decrease of $9,795,368 (-17.9%) from February 2020
- Horseshoe Casino (1,009 slot machines, 152 table games) - $14,314,156 in February 2021, a decrease of $3,606,449 (-20.1%) from February 2020
- Hollywood Casino (601 slot machines, 16 table games) - $6,296,320 in February 2021, a decrease of $362,425 (-5.4 %) from February 2020
- Ocean Downs Casino (609 slot machines, 18 table games) - $5,805,370 in February 2021, a decrease of $169,345 (-2.8%) from February 2020
- Rocky Gap Casino (416 slot machines, 16 table games) - $3,989,252 in February 2021, a decrease of $856,900 (-17.7%) from February 2020
Overall, Maryland casinos generated $126,208,025 in gaming revenue during February of 2021. That is a decrease of $25,066,312, or a drop of 16.6% compared to the February 2020.
Because of the COVID-19 pandemic, four casinos are limited to 50% capacity; MGM National Harbor and Horseshoe Casino are limited to 25% capacity.
ALSO READ | Maryland casino revenue drops in November
ALSO READ | Multiple cars damaged in Maryland Live Casino garage
This is a list of casinos in Maryland.
List of casinos[edit]
| Casino | Opening | Location | VLTS | Tables | Revenue[1] | Notes |
|---|---|---|---|---|---|---|
| Rocky Gap Casino Resort | May 22, 2013 | Flintstone | 631 | 18 | $46,082,330.36 | Built on the grounds of Rocky Gap State Park. First proposal was rejected due to failure by the developer to pay licensing fees. The Maryland Lottery subsequently lowered the casino tax rate for this location and allowed a second round of bids for new proposals, however, no developers submitted any bids. During the third round of bids, three developers submitted bids and licensing fees, two of which were rejected. The license went to the remaining developer and was awarded in late April 2012. Construction began after receiving approval by the Board of Public Works. The developer bought the entire existing resort in addition to building the casino. [2][3][4] |
| Horseshoe Casino Baltimore | August 26, 2014 | Baltimore | 2,202 | 178 | $289,452,530.23 | |
| Hollywood Casino Perryville | September 17, 2010 | Perryville | 850 | 22 | $77,269,240.74 | The first casino to open in the state. |
| Live! Casino & Hotel | June 6, 2012 | Hanover | 3,994 | 206 | $629,732,519.82 | The first phase, with 3,200 slot machines and electronic table games, opened on June 6, 2012. Phase II, with 1,550 additional machines, opened in September 2012. Traditional live table games began operation on April 11, 2013. A two-story Poker Room opened on August 28, 2013.[5] |
| Ocean Downs | January 4, 2011 | Berlin | 800 | 0 | $55,889,525.90 | The casino opened in 2011, complementing a facility which already featured live horse racing. |
| MGM National Harbor | December 8, 2016 | Oxon Hill | 3,139[6] | 165 | $49,944,074 (April '17) | On December 20, 2013, MGM Resorts International was awarded the license to construct a $925 million casino resort in National Harbor. The figure subsequently went up to an approved $1.2 billion.[7] |
Expansion of table games[edit]
Governor Martin O'Malley promised to look to expand Maryland's array of gambling in the 2012 legislative session. On February 7, 2012, Senator Douglas JJ Peters introduced legislation in the Maryland State Senate that would legalize an additional casino in Prince George's County. His legislation would legalize a certain number of slot machines and table games in Prince George's as well as table games for the other two open and three yet-to-open casinos in Maryland. The legislation would set aside 2.5% of the Prince George's County casino revenue for an economic development fund and an additional 2.5% of revenue to fund the construction of a new hospital in the County.[8] Such legislation must be approved by the House of Delegates, Senate, Governor, statewide voter referendum, and county-wide voter referendum. At the time, there was speculation that a casino license in Prince George's County would be awarded to a company that plans to build it at either National Harbor or Rosecroft Raceway. While this proposal failed during the regular 2012 legislative session, Governor O'Malley championed a special session in July of that year to address the issue of gambling expansion, which passed in the Maryland legislature. The casino legislation required it to pass a Maryland referendum in November. On November 6, 2012, the casino referendum passed, allowing table games at the existing authorized casinos and allowing a sixth casino to be built in Prince George's County.[9] On December 20, 2013, the Prince George's County casino license was awarded to MGM Resorts International for a casino resort, which opened on December 8, 2016, at National Harbor.
See also[edit]
References[edit]
Casino Gaming In Maryland City
- ^http://gaming.mdlottery.com/maryland-casinos-generate-95-17-million-in-revenue-during-december/
- ^'Strike one: Rocky Gap slots proposal rejected'. Cumberland Times-News. 28 September 2011. Retrieved 8 June 2012.
- ^Haber, Gary (13 January 2012). 'Md. slots commission rejects Landow's Rocky Gap bid'. Baltimore Business Journal. Retrieved 8 June 2012.
- ^Dresser, Michael; Cho, Hanah (26 April 2012). 'Rocky Gap casino license awarded'. The Baltimore Sun. Retrieved 8 June 2012.
- ^Kilar, Steve (3 June 2012). 'With new casino opening, a look back at Cordish's gambling record'. The Baltimore Sun. Retrieved 8 June 2012.
- ^https://smnewsnet.com/archives/418572/maryland-casinos-generate-135-7-million-revenue-april/
- ^Rector, Kevin. 'MGM chosen for Prince George's casino license'. The Baltimore Sun. Retrieved 22 December 2013.
- ^Associated Press (6 February 2012). 'Bill would OK table games and casino site in P.G. Co'. The Baltimore Sun. Retrieved 8 June 2012.
- ^Wagner, John (21 May 2012). '2nd Md. special session could be week of July 9'. The Washington Post. Retrieved 8 June 2012. On November 6, 2012, Question 7 has voted legalizing table games
External links[edit]
New Mgm Casino In Maryland
- Media related to Casinos in Maryland at Wikimedia Commons
Casino Gaming In Maryland State Parks
