Maryland casinos have fourth-best revenue month in May

Maryland casinos reported a year-on-year gaming revenue decline in May, but the take was still high enough to make it the state’s fourth-best month on record.

Figures released Wednesday by the Maryland Lottery and Gaming Control Agency show the state’s six licensed casino operators generated combined gaming revenue of $152.3m in May, around 2.7% below what the casinos reported in the same month last year, but $7.1m better than April 2019’s result.

The year-on-year decline looks even more paltry considering May 2019’s result was the fourth-best on record, behind only May 2018’s $156.5m, October 2018’s $158m and the all-time high of $163.3m set this March.

The state’s slot machines did their bit to keep the numbers up, as statewide slots revenue improved 4.2% to $100.7m. However, table games generated $51.6m last month, a hefty 14% decline from May 2018’s $60m.