spent millions of dollars<\/a> acquiring properties between the stadiums and casino. The thinking is that the Las Vegas-based company plans to develop the corridor to attract baseball and football fans to the gaming floor.<\/p>\n<\/div>\nHorseshoe Baltimore GM Erin Chamberlin said recently the goal is to create a “great entertainment district.”<\/p>\n
In the meantime, revenue continues to slide. In the first quarter, Horseshoe Baltimore reported GGR of $65.86 million, a nearly five percent decrease compared to the first three months in 2017.<\/p>\n
Live! Alive <\/b><\/h2>\n
No casino has been more impacted by MGM National Harbor than Live! The Arundel Mills property generated GGR win of $545 million last year, a more than $108 million loss compared to 2016.<\/p>\n
Live! owners The Cordish Companies is building a 310-room hotel tower to better compete with its $1.4 billion neighbor, which is located about 35 miles south. Live! will also soon offer an outdoor gaming lounge where smoking is permitted.<\/p>\n
March’s revenue report showing Live! increasing gaming win by almost one percent is a major victory. For the first three months of 2018, Live! has GGR totaling $137.56 million, which is about 0.5 percent ahead of where the casino was at this time last year.<\/p>\n","protected":false},"excerpt":{"rendered":"
Maryland casinos have set a new monthly gross gaming revenue win record at $150,073,958. The March 2018 number represents a 6.3 percent increase on the previous year, and is nearly $9 million higher than the state’s previous all-time mark of $141.1 million. MGM National Harbor once again led the way, with the DC-area casino resort […]<\/p>\n","protected":false},"author":25,"featured_media":74680,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10,18],"tags":[],"acf":[],"yoast_head":"\n
Maryland Casinos Post Revenue Record, But Horseshoe Struggles<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n