The Company financed the Acquisition with $30.0 million borrowed from the revolving facility of its existing credit agreement with Goldman Sachs USA and cash from the balance sheet. The amendment to the master lease agreement includes an increase in initial annualized rent of approximately $15.5 million. (NYSE: VICI) ('VICI') acquired a related interest in the land and building associated with Rocky Gap for approximately $203.9 million and the Company amended its triple net master lease agreement with VICI to add the Rocky Gap property. Simultaneous with the closing of the transaction, an affiliate of VICI Properties Inc. for approximately $56.1 million (the 'Acquisition') on July 25, 2023. (Nasdaq Capital Market®: CNTY) ('Century Casinos' or the 'Company') announced that it completed the acquisition of the operations of Rocky Gap Casino Resort ('Rocky Gap') from Golden Entertainment Inc. Sign up here.COLORADO SPRINGS, Colo., J/PRNewswire/ - Century Casinos, Inc. Get your own daily morning news roundup in your inbox. The state’s second-largest casino, Live! Casino & Hotel at Arundel Mills, had $49.3 million in July gaming revenue, a 3.2% increase from a year earlier. MGM National Harbor Gaming Revenues Bounce Back From 2-Month Decline By Jeff Clabaugh Maryland Lottery and Gaming posts monthly and year-to-date gaming revenue and state contribution breakdowns each month online.Īs part of Maryland Matters’ content sharing agreement with WTOP, we feature this article from Jeff Clabaugh. Rocky Gap Casino Resort had $5.2 million in gaming revenue last month, up 0.6%.

Ocean Downs Casino had $8.2 million in gaming revenue, down 5.5%. Hollywood Casino Perryville had $6.5 million in July gaming revenue, up 5.9%.

The state’s three smaller casinos had mixed results. It had $19.4 million in gaming revenue, down 5.2% from a year ago. The state’s second-largest casino, Live! Casino & Hotel at Arundel Mills, had $49.3 million in July gaming revenue, a 3.2% increase from a year earlier.īaltimore’s Horseshoe Casino was the only one of the state’s three largest casinos to see gaming revenue decline. Various state programs in Maryland will get $61.7 million of that, including $46.3 million for the state’s Education Trust Fund. MGM National Harbor accounted for $60.8 million of that total, an increase of 4.1% from a year ago, and the gain follows the casino’s first-ever back-to-back declines in gaming revenue in June. Maryland’s six casinos generated $149.3 million in gaming revenue in July, up 1.9% from July 2018.

Rocky gap casino revenue