Maryland

Maryland casino revenue drops 25%, but there’s an explanation – WTOP News

Published

1 year ago

November 8, 2023

Maryland casino revenue drops 25%, but there’s an explanation – WTOP News

The year-over-year comparison seems like a significant decline, but it is also compared to last October, when casinos set a single-month revenue record on what was unusually high volume last fall.

Maryland’s six casinos generated $159.8 million in revenue from slot machines and table games in October, down 24.9% from October 2022.

The year-over-year comparison seems like a significant decline, but it is also compared to last October, when casinos set a single-month revenue record on what was unusually high volume last fall.

Maryland casinos’ second-best month for gaming revenue was $181.5 million in July of 2022.

Compared to September, October’s gaming revenue was little changed.

The sharpest difference was at MGM National Harbor, where last month’s $67.3 million in gaming revenue was down 41.5% from last October. Gaming revenue at Live! Casino & Hotel, the state’s second-largest casino, was $57.8 million, down 3.1% from a year earlier. Baltimore’s Horseshoe Casino had $14.9 million in gaming revenue, down 14.7%.

Gaming revenue at the state’s three smaller casinos, Ocean Downs, Hollywood Casino and Rocky Gap, all had year-over-year declines in October between about 3% and 11%.

Of October’s $159.8 million in total gaming revenue, $67.3 million was collected by the state, the majority of which went to Maryland’s Education Trust Fund.

Maryland Lottery and Gaming posts monthly and year-to-date casino gaming revenue, as well as contributions to state programs, online.

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Maryland

2 Maryland teens arrested for armed carjacking in Montgomery County

Published

6 hours ago

November 27, 2024

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2 Maryland teens arrested for armed carjacking in Montgomery County

MONTGOMERY COUNTY, Md. – Two 17-year-old suspects from Hyattsville, Maryland have been arrested for an armed carjacking that occurred in October.

Montgomery County police arrested the pair on Grand Pre Road.

According to police, a white Kia Forte was stolen in Prince George’s County during an armed carjacking committed by two teen suspects on Monday, October 28, 2024.

Police observed the stolen Kia in the area of Bel Pre Road and Parker Farmer Way on Tuesday, November 26. A traffic stop was initiated on the Kia in the 14200 block of Grand Pre Road.

Police say both teens were charged with possession of a stolen vehicle and released to their primary caregivers.

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Maryland

Rainy weather for Thanksgiving, followed by cold in Maryland

Published

13 hours ago

November 27, 2024

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Rainy weather for Thanksgiving, followed by cold in Maryland – CBS Baltimore

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Rainy weather for Thanksgiving, followed by cold in Maryland

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Maryland

FBI agent arrested in Maryland, charged with multiple counts of sexual assault

Published

21 hours ago

November 26, 2024

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FBI agent arrested in Maryland, charged with multiple counts of sexual assault

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