Casino’s June Revenue Up 16%
BERLIN -- The June figures for Maryland’s three operating casinos were released this week, revealing a substantial jump in the gross revenues generated by Ocean Downs over June 2011, but the biggest splash was made by the new Maryland Live! Casino in Anne Arundel County, which generated more than $1 million a day during its first month.
The Casino at Ocean Downs last month generated gross revenues totaling $4.4 million, up 16 percent from June 2011, which produced $3.8 million. The gross revenue figure for Ocean Downs for last month was over $607,000 more than June 2011. Ocean Downs also generated $4.4 million in May of this year, at the time the fourth highest month in the Berlin facility’s young history, representing an increase of 21 percent over May 2011.
The gross gaming revenue per machine per day at Ocean Downs in June was $183.15, up from the $168.35 per machine per day figure generated in June 2011. However, it’s important to note Ocean Downs added 50 new machines last summer, bringing its total to 800. In May of this year, the average gross gaming revenue per machine per day came in at $179.87.
While Ocean Downs continued its positive trend, the Hollywood Casino in Cecil County saw its numbers decline for the first time over in June. The Cecil County facility generated $7.9 million in June, representing a decline of $864,000-plus, or about 10 percent, from June 2011. The Cecil County facility likely suffered somewhat from the opening of the new Maryland Live! Casino at Arundel Mills in Anne Arundel County, the new 800-pound gorilla on the state’s casino landscape.
The new casino in Anne Arundel, which officially opened for business on June 6, generated $28.4 million in its first month in essentially three weeks. In just 24 days, the Anne Arundel County casino grossed over $1 million per day. The facility’s 3,100 machines generated an average of $359 per machine per day in its first 24 days.