Pandemic? What pandemic? Maryland casino revenues were 1% above last September’s, indicating a resumption of normality, at least where gambling is concerned. The statewide gross was $149.5 million. That’s despite restrictions that include keeping the casino floor at 50% of capacity. MGM National Harbor was flat at $57.5 million, with its VLTs down 3% but tables up 3%. Since table revenues are taxed at a much lower rate in the Free State, that’s a shift that MGM execs will be happy to take. MGM’s market share was 40%, compared to Maryland Live‘s 34%. The latter was up 3% to $49 million. Horseshoe Baltimore continues to slide into irrelevance (even with both baseball and football in season in its vicinity), down 5% to $17.5 million. Hollywood Perryville vaulted 12.5% to $7 million and Ocean Downs was up 3% to $8 million. Out west, Rocky Gap Resort rose 5% to $5 million.
West Virginia, by contrast, had a terrible month. Casino revenues fell 21%, with tables plummeting 40% and slot win falling 2o%. Charles Town Races fared worse, thanks to a -49% disaster in table win. Slots slipped 17% for an overall decline of 24%. Up north, in Pennsylvania, while Cordish Cos. still hasn’t opened Stadium Casino, its satellite is almost ready to go. Live Casino Pittsburgh, a $150 million project is set to debut late next month. Cordish execs are trying to remain optimistic in the face of Covid-19 restrictions that have sent other area casinos reeling.
