That’s a 31% decline from September 2016, when Horseshoe generated $26.9 million in revenues. Last month, the casino earned $18,564,509.
The results hit rock bottom in August when revenues dropped to their lowest level since the casino opened in 2014.įigures released today show a modest rebound from the low in August, but nothing resembling a turnaround.įigures for September, released today by MLGCA, show a modest rebound from that low, but nothing resembling a turnaround. Monthly revenues have skidded at Horseshoe throughout 2019 compared to 2018, 20, according to figures compiled by the Maryland Lottery and Gaming Control Agency. casinos do) and still crowded with bodies on a Saturday night, the five-year-old facility on Russell Street is increasingly unable to attract the gamblers and gambling dollars that once made it a regional destination. While still making money (as nearly all U.S. Simply put, the Russell Street casino has become an entertainment “has been.” September’s results – the second lowest monthly gaming revenues ever recorded – have pounded another nail into the financial coffin that presently surrounds Horseshoe Casino Baltimore.