Three Maryland casinos grew their year-over-year revenues in July despite a state mandate restricting them to 50% capacity amid the novel coronavirus pandemic.
MGM National Harbor wasn’t one of them, though it did show improvement over the prior three months when the casino was completely or mostly closed. MGM, in Prince George’s County, pulled in the largest haul of any of Maryland’s casinos, with $52.3 million in earnings. The number still marked a 13.9% year-over-year decrease from July 2019.
The latest financial report released by Maryland Lottery and Gaming on Wednesday offers the first picture of a full month in business under the new restrictions on the casino industry, which was shuttered by the virus for three months, from mid-March to mid-June. The closures resulted in the industry’s revenue falling by more than a quarter in fiscal 2020, which ran through June.
The state’s six casinos were allowed to reopen starting June 19, though some waited longer and others returned in phases, opening first for members and then to the general public.
