Maryland Gambling Numbers Hit $1.7 Billion in 2018

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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bgsharpe
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23 January 2019 - 1:19pm
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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.

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