{"id":7829,"date":"2024-09-06T07:01:39","date_gmt":"2024-09-06T07:01:39","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2024\/09\/06\/maryland-casinos-report-record-gaming-revenue-in-august\/"},"modified":"2024-09-06T07:01:39","modified_gmt":"2024-09-06T07:01:39","slug":"maryland-casinos-report-record-gaming-revenue-in-august","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2024\/09\/06\/maryland-casinos-report-record-gaming-revenue-in-august\/","title":{"rendered":"Maryland Casinos Report Record Gaming Revenue in August"},"content":{"rendered":"<div>\n<p>The six privately held casinos in Maryland announced impressive total gaming revenue of $173.9 million in August 2024. This remarkable amount is the ninth-highest single-month revenue since the state\u2019s casino program began in 2010, up 7.8% from the previous year. The increase demonstrates how popular Maryland\u2019s casinos\u2014which include Hollywood Casino Perryville, Ocean Downs Casino, MGM National Harbor, Live! Casino &#038; Hotel, Horseshoe Casino Baltimore, and Rocky Gap Casino Resort\u2014are becoming.<\/p>\n<h2><strong>Revenue Contributions and Trends<\/strong><\/h2>\n<p>During August, casino gaming contributions to the state reached nearly $73.7 million, reflecting an 8.1% increase compared to August 2023. Of this amount, $53.1 million was directed to the Education Trust Fund, also marking an 8.1% rise year-over-year. This funding supports not only educational initiatives but also local communities, the horse racing industry, and small, minority- and women-owned businesses.<\/p>\n<p>Among the casinos, MGM National Harbor, Live! Casino &#038; Hotel, and Hollywood Casino reported year-over-year increases in revenue. MGM National Harbor led the way with over $75 million in revenue, an impressive 9.7% growth from the previous year. Live! Casino &#038; Hotel also saw a significant rise, reporting $61.9 million for August 2024, up by $6.8 million compared to the same month last year. Hollywood Casino Perryville experienced an 8.7% increase, totaling $7.7 million.<\/p>\n<p>However, with a tiny 6.9% reduction in revenue to just over $5 million, Rocky Gap Casino Resort had the biggest decline. In close pursuit, Horseshoe Casino Baltimore saw a 6.4% decline in revenue for the month, totaling $14.4 million. In August 2024, Ocean Downs Casino Resort brought in around $9.9 million, despite reporting a little 1.8% decrease.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/maryland-casinos-report-record-gaming-revenue-in-august\/\">Maryland Casinos Report Record Gaming Revenue in August<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The six privately held casinos in Maryland announced impressive total gaming revenue of $173.9 million in August 2024. This remarkable amount is the ninth-highest single-month revenue since the state\u2019s casino program began in 2010, up 7.8% from the previous year. The increase demonstrates how popular Maryland\u2019s casinos\u2014which include Hollywood Casino Perryville, Ocean Downs Casino, MGM [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-7829","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/7829","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=7829"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/7829\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=7829"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=7829"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=7829"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}