The Maryland Lottery and Gaming Agency released second half and full year 2018 gambling financial results, revealing that revenues were on the rise.
The state's casino revenues hit $148.4 million in December, up 5.2% from last year, and up $8.4 million from the month prior. Those results allowed a full calendar look at revenues, which totaled up to $1.746 billion, up 8.1% from 2017. Slot revenues were $1.1 billion in 2018 and table games hit $654 million, up 6.3% million from last year.
MGM Resorts National Harbor had its first full year for proper comparisons. Revenues in December for the site were up 6% to $59.9 million and year end revenues were up 15.8% to $705 million. The Live! Casino & Hotel revenues were up 6% for December to $50.1 million, with annual numbers up 5.5% to $575.3 million. The Horseshoe Baltimore Casino was down though, with revenues in December to $22.2 million, down 7.2%.
Hollywood Casino Perryville was up 9.2% to $6.3 million in December with yearly revenues up $1.3 million to $75.6 million. Ocean Downs was up 45.2% to $5.4 million, thanks in large part to the introduction of table games the year prior, which gave the 2018 period a favorable comparison.
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And that's even before sportsbetting being regulated if there's been plans for that at all till now of course.
Those a huge numbers I think and if sportsbetting being added as a future option too I think the benefits for the state it self in fees and taxes would be even larger.