Marylands gaming venues experienced a substantial financial upswing in September 2018, generating a considerable $143.8 million in earnings. This signifies a close to 7% surge in comparison to the corresponding timeframe in 2017, illustrating robust expansion within the state’s gaming sector.
Although September 2018 represented the fourth most lucrative month for Marylands casinos, not every establishment participated in the prosperity. MGM National Harbor, the state’s leading revenue-generating casino, maintained its dominance, achieving a notable 10.3% revenue increase, reaching an impressive $54.4 million. Similarly, Ocean Downs Casino had cause for celebration, experiencing a significant 13.9% surge in revenue.
Conversely, two casinos encountered a decline. Rocky Gap Casino Resort witnessed a minor revenue dip, while Horseshoe Baltimore faced a somewhat more pronounced decrease.
In summary, this financial boon resulted in a substantial contribution to Marylands treasury. A considerable portion of these earnings is designated for the state’s Education Trust Fund, while other allocations support community advancement initiatives and the equine racing industry.