December 11, 2020 Sports Betting, Casino, Land-Based

Maryland casinos to operate at 25% capacity

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MGM National Harbor and Live! Casino & Hotel Maryland are reducing gaming floor capacity to 25% in accordance with local orders.

The two Maryland casinos will adhere to Covid-19 related restrictions put forth by separate counties.

MGM National Harbor, located in Prince George County, is shutting down indoor dining for a month in addition to capacity limits on casinos and other retail establishments. The restrictions last through 16 January.

Prince George County, County Executive Angela Alsobrooks said, “We are headed in the wrong direction and we need to take swift action. These are not just numbers, but people we love.”

Prince George has seen positivity rates spike above 10% with more 3,200 new cases reported Thursday.

Anne Arundel County, home of Live! Casino & Hotel Maryland, officials have ordered a stop to all indoor and outdoor dining through 13 January along with casino capacity limits.

MGM and Live! are Maryland’s most profitable casinos. In November, MGM brought in total gaming revenue of $55m, while Live earned $45m. Together they earned more than three quarters of Maryland’s $130m of gaming revenue for the month.

Earlier this fall, Maryland’s casinos had been generating nearly identical revenue as a year ago. In September, state gaming revenue increased 1% year-on-year, while it dropped 1% in October.

By November, revenue was down 7.4% y-o-y.

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