Industry experts say the data shows a strong casino market in Maryland, with MGM meeting its operating goals and Live, which was most significantly affected by MGM’s opening, not far off its projections. Horseshoe, a smaller operation with 2,200 slot machines and 168 table games, reported $24 million last month, a 2 percent increase over May 2017 and a slow rebound after months of declining revenue. Live casino, the state’s largest casino with 4,000 slots and 198 table games, trailed with $52 million, but May’s revenue was the largest take for the casino in 18 months. MGM reported the most revenue, with a record $62.3 million in May from its 2,701 slot machines and 178 table games combined. At least four of the state’s six casinos have made or are planning major renovations or additions this year. As more casinos open along the East Coast, Live and Maryland’s other gambling establishments are upgrading their offerings, modernizing and adding on-site accommodations to maintain their stance in an increasingly competitive and crowded market. The enhancements also are a response to customers who want more nongaming attractions with their casino experiences.

suburbs, dazzling the region with Las Vegas-style entertainment - and taking away a good share of Live’s business.īut Live’s investments aren’t just a response to the threat from MGM.

It comes a year and a half after MGM National Harbor opened in the state’s D.C.

The $200 million Live Casino & Hotel expansion opened this month, marking the casino’s sixth anniversary. Maryland’s largest casino has made its next move in the game to reclaim its place as the state’s top gambling destination: a 17-story hotel and conference center - the tallest building in Anne Arundel County. David Cordish, chairman of the Cordish Cos., which owns Live Casino & Hotel, orders a gelato in the lobby of the casino’s new hotel with Robert Norton, president of Cordish Global Gaming.

Who now owns md live casino