Having only been in operation for four months now, the MGM National Harbor has made quite the impression. The 6th casino of Maryland has been able to reclaim the number one spot for the month of March as the top revenue producer, regaining the crown after Maryland Live took over the top spot in February.
According to recent figures released by the Maryland Lottery and Gaming Control Agency, MGM National Harbor earned more than $50 million in monthly revenues for the first time ever, with the overall total for the six gaming venues of the state reaching $141.2 million.
The monthly total for March was the highest-ever for the state, which shows an increase of just over 44% when compared to March of 2016. This of course, was before the National Harbor venue opened, which has certainly helped to beef up the monthly gaming revenue totals for the state. If only the totals of the five other casinos are considered for last month, the state actually saw a decrease in monthly revenues by just over 8%.
Maryland Live, which was the number one earner for February, was down 14.6% for March, with $46.6 million in earnings. Horseshoe Casino Baltimore was also down, but only slightly at 2.4%, with around $27 million in earnings. A slightly smaller drop of 1.3% was reported for the Hollywood Casino Perryville while Ocean Downs and Rocky Gap Casino Resort were both up, with 4.5% and 14.7% respectively.
With this March’s massive revenue earnings, the state managed to beat their previous monthly revenue record set in December 2016 when $133.5 million was earned, which was when the MGM venue opened in the state.