Gamblers Lose Around 161.4 Million Dollars, Maryland Casino Revenue Wanes Nearly 5 Percent In August

Gamblers lose around 161.4 million dollars, Maryland casino revenue wanes nearly 5 percent in August

That’s a decrease of $8 million, or 4.7%, compared to August 2022. It’s also a more than $7 million decrease compared to July 2023, when the casinos earned a total of $174,3 million. 

MGM National Harbor maintained its market leadership with $68,4 million in GGR (gross gaming revenue) for the month, but that represented a $4.8 million decrease from the previous month. 

At the other end of the market with $55 million in GGR, Live! Casino & Hotel Maryland was a distant second, a $3.1 million decrease from the same month last year. The Caesars-owned casino in Baltimore, Horseshoe, saw its August winnings drop to just $15,4 million, down nearly 11% from the previous month. 

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