Horseshoe Casino Logs Its First Revenue Gain In 16 Months

6/6/18

By Ethan McLeod, Baltimore Fishbowl

Call it a comeback? Horseshoe’s luck might just be turning around, with the South Baltimore casino posting its first year-over-year revenue gain in 16 months.

Revenue in May climbed 2 percent compared to May 2017, according to the latest figures from the Maryland Lottery and Gaming Control Agency. That marks the first sign of growth in nearly a year and a half for the four-year-old gambling spot on Russell Street. In the 16 months between December 2016 and this past May, Horseshoe averaged a monthly slide in year-over-year revenue of more than 13 percent.

The bump for Horseshoe was part of a record-setting month for the state’s six casinos. Altogether they drew $156.6 million, up nearly 15 percent from one year ago.

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