Maryland casinos smash revenue record as all six venues gain

Maryland’s six casinos set a new all-time monthly revenue record in May, led by an equally record-setting performance by the state’s newest venue.

Figures released Tuesday by the Maryland Lottery and Gaming Agency show the state’s six licensed casino operators generated combined gaming revenue of $156.5m in May, up 14.7% from the same month last year and easily eclipsing the previous record of just over $150m set this March.

May’s gains were across the board, with statewide slots revenue shooting up over 15% to $96.5m, while the table game figure was up 14% to $60m. The slots figure alone is $4.5m more than the total gaming revenue generated in November 2016, the last month before MGM Resorts’ National Harbor opened to the public.

Speaking of, May was also a record-setting month for National Harbor, which generated revenue of $62.3m, over 23% higher year-on-year and nearly $2m more than the property’s previous record (also set in March 2018).