{"id":21428,"date":"2024-05-08T09:28:31","date_gmt":"2024-05-08T09:28:31","guid":{"rendered":"https:\/\/instantcasinos.com\/?p=21428"},"modified":"2024-05-10T14:03:56","modified_gmt":"2024-05-10T14:03:56","slug":"maryland-casino-revenue-drops-in-april-month-on-month-figures","status":"publish","type":"post","link":"https:\/\/instantcasinos.com\/blog\/maryland-casino-revenue-drops-in-april-month-on-month-figures\/","title":{"rendered":"Maryland Casino Revenue Drops In April Month-On-Month Figures"},"content":{"rendered":"

Maryland casino revenue dropped through April, as month-on-month figures took a dramatic plunge during a disappointing month for its six land-based casinos.<\/b><\/p>\n

According to Maryland\u2019s latest betting revenue report, the Free State earned $163.2Million during April from slot and table games at their six in-person casino sites.<\/p>\n

April\u2019s casino revenue figures dropped by a whopping 6.6% compared to last years numbers for the same month. There was also an 8.8% decline in month-on-month revenue from March this year, when Maryland casinos reported their best monthly figure in 2024 so far with $178.14m.<\/p>\n

March was Maryland\u2019s most successful month for casino revenue so far this year but despite a disappointing April, last month\u2019s numbers still topped January and February where casino profits within the state lagged.<\/p>\n

Online casinos still aren’t active in MD, but the state had the opportunity to legalize them earlier this year. The senate has confirmed they won’t file a bill an online casino bill until 2025 at the earliest date.<\/p>\n

Maryland Casino Revenue Drops: Breakdown <\/b><\/p>\n

See below for a breakdown of Maryland\u2019s casino revenue through April.<\/p>\n

    \n
  1. MGM National Harbor: $68.1m – 9.8% annual decrease<\/li>\n
  2. Live! Casino & Hotel: $60.9m – 1.9% year-on-year decrease<\/li>\n
  3. Horseshoe Casino: $14.7m -10.8% decline from April 2023<\/li>\n
  4. Hollywood Casino: $7.9m – 6.0% yearly increase<\/li>\n
  5. Ocean Downs Casino: $7.3m – 7.6% decrease from April 2023<\/li>\n
  6. Rocky Gap Casino: $4.3m – 20.6% annual drop<\/li>\n<\/ol>\n

    The numbers showed that almost every casino in Maryland struggled in April this year, with the only exception being Hollywood Casino in Perryville that redeemed the state with a 6% rise on its figures from last year.<\/p>\n

    One of the main factors in Maryland\u2019s struggles during April was the lack of gaming contributions which totalled to just $69.8m – a 3.6% annual drop and 8.8% monthly decrease.<\/p>\n

    Visit Fast Payout Online Casinos<\/a> for more information on instant withdrawal options.<\/p>\n","protected":false},"excerpt":{"rendered":"

    Maryland casino revenue dropped through April, as month-on-month figures took a dramatic plunge during a disappointing month for its six land-based casinos. According to Maryland\u2019s latest betting revenue report, the Free State earned $163.2Million during April from slot and table games at their six in-person casino sites. April\u2019s casino revenue figures dropped by a whopping … <\/p>\n","protected":false},"author":64,"featured_media":21433,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[30],"tags":[],"class_list":["post-21428","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feature"],"acf":[],"yoast_head":"\nMaryland Casino Revenue Drops In April Month-On-Month Figures<\/title>\n<meta name=\"description\" content=\"Maryland\u2019s six casinos struggled for revenue through April, as month-on-month figures took a dramatic plunge following a disappointing month.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/instantcasinos.com\/blog\/maryland-casino-revenue-drops-in-april-month-on-month-figures\/\" \/>\n<meta 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