After almost a year and a half of sliding revenue, Horseshoe Casino Baltimore’s luck appears to be turning around.
The latest monthly report from Maryland Lottery and Gaming says the casino drew $22.8 million in revenue from slots and tables in June, a 3.3 percent bump from one year earlier. Perhaps more notably, it’s the second straight month in which Horseshoe’s revenue climbed from the year before; in May, it rose 2 percent.
These modest upticks have broken a 16-month spell–December 2016 through April 2018– in which the casino’s revenue fell by 13 percent on average. Horseshoe has suffered in the shadow of the higher-end MGM National Harbor, self-branded as “Vegas on the Potomac,” which opened in late 2016.
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