Casinos pull in nearly $35 million in coronavirus-shortened June

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Photo via Horseshoe Casino/Facebook

Maryland’s six casinos pulled in just shy of $35 million during the few weeks they were open in June, the Maryland Lottery and Gaming Control Agency reported today.

After closing for three months to slow the spread of COVID-19, four casinos reopened on June 19, with Live! Casino and Hotel in Hanover only opening to rewards members. Both the Horseshoe Casino in Baltimore and MGM National Harbor opened to rewards members on June 26, and to the general public several days later.

As of June 29, every casino in the state is welcoming guests with capacity capped at 50 percent, reduced numbers of tables and slot machines, temperature screenings, increased sanitation and a requirement that all employees and patrons wear a mask.

In that abbreviated June, gaming revenues were $34.9 million, of which $14.5 million went to the state’s coffers.

Live! Casino and Hotel led the way with $15.8 million in revenue from slots and table games.

In June 2019, when there wasn’t a pandemic and gambling was allowed for the whole month, the state’s casinos pulled in more than $142 million, of which about $60 million was contributed to the state.

For the 2020 fiscal year that just ended on June 30, casino revenue was just about $1.28 billion, down 27.3 percent from the previous fiscal year, the agency reported.

Similarly, the money contributed to the state was off by 26.9 million, or more than $145 million.

The money the state government receives is earmarked for the education trust fund. Other revenues go to communities surrounding the six casinos and to support the local horse racing industry.

Brandon Weigel

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