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MGM National Harbor betting up 33% from a year ago

Maryland’s casinos remain busy, with total gaming revenue in January up 19.4% from a year earlier.

The state’s six casinos generated a combined $154.8 million in revenue from betting — $25 million more than January 2021, when casinos were still operating under pandemic-related capacity restrictions.



MGM National Harbor continues to account for the largest share of monthly gaming revenue. It totaled $67.1 million in January, up 32.8% from a year earlier.

Live! Casino & Hotel had $54.6 million in gaming revenue, up 14.4%. Horseshoe Casino in Baltimore had $16.1 million in January, up 17.1%.

Results were mixed for the state’s three smaller casinos: Gaming revenue was down at Hollywood Casino and Ocean Downs Casino, but higher at Rocky Gap Casino.

Casino gaming contributions to Maryland totaled $62.5 million in January; the bulk of that, $45.5 million, goes to the state’s Education Trust Fund.

Maryland Lottery and Gaming posts month and year-to-date casino gaming revenues and state contributions online.

Oil prices slip and Asian shares are mostly lower as investors sell chipmaker stocks

HONG KONG (AP) — Oil prices fell Wednesday and Asian shares were mostly trading lower as South Korea’s Kospi extended its losses after falling more than 16% over the past two days. Crude prices remain volatile after the U.S. said early Thursday it had conducted a “heavy wave” of strikes against Iran, responding to an attack on a U.S. base. U.S. futures edged higher after losses on Wall Street. In South Korea, recent drops in its benchmark Kospi, a big beneficiary of the global boom in artificial intelligence, have been seen by some analysts as a reflection of broader doubts about massive investments by technology giants in expanding capacity for AI.
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