Maryland’s three largest casinos have been limited to 25% guest capacity since mid-December, and while that has noticeably cut gaming revenue, the impact hasn’t been as severe as the capacity limits would imply.
Overall, Maryland’s six casinos generated $128.8 million in gaming revenue in January. That’s down 11.5% from a year ago, when casinos were operating at full capacity. MGM National Harbor, Live! Casino & Hotel and Horseshoe Casino were operating at 25% capacity in January, while the state’s three smaller casinos were operating at 50% capacity.
January gaming revenue at MGM National Harbor was $50.5 million, down 13.7% from a year earlier. Gaming revenue at Live! was $47.8 million, down 7.7%. Baltimore’s Horseshoe Casino has been hit the hardest, with January gaming revenue of $13.8 million — down 28.7%.
Click here to read the rest of the article written by Jeff Clabaugh over at WTOP