Casinos set another revenue record in July

Maryland casinos continue to post record revenue figures as the $180.14 million generated in July was a single-month high since the launch of gaming in the state, according to Maryland Lottery and Gaming.

The Purse Dedication Account, which is funded by a 6% share of revenue from video lottery terminals at six casinos, benefited as well in July. The PDA earned $7.25 million to help push the calendar year-to-date figure to $43.64 million.

The Thoroughbred share for July was $5.80 million, with $34.91 million generated from January through July of this year. The Racetrack Facility Renewal Account, which collects 1% of VLT revenue, earned $1.18 million in July and $7.43 million through the first seven months of 2021.

Five of the top six single-month revenue totals in the history of Maryland casinos have come in 2021, according to state statistics. The first casino opened in 2010 and the sixth in 2016.

Every casino in July registered gains over July 2020, when they were limited to 50% capacity because of COVID-19 restrictions. MGM National Harbor in Prince George's County led the way with a 38.2% revenue increase.

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