Does Maryland casino boom worry Atlantic City?

Atlantic City skylineFrom Baltimore Business Journal

Atlantic City tourism officials should be getting quite an eyeful on Wednesday.

That’s the day New Jersey releases its casino revenue figures. And it just might also be the day when Garden State officials get a sense of how big a bite Maryland’s casinos have taken out of the boardwalk.

On Friday, the Maryland Lottery and Gaming Control Agency reported that revenue for the state’s four casinos, jumped to $66.5 million in June, up 57 percent from June 2012.

New Jersey’s revenue figures for May show that Atlantic City’s 12 casinos had a combined $227.5 million in taxable gross revenue, down $998,000, or 0.4 percent, from May 2012.

Eight A.C. casinos posted lower casino wins in May, compared with May 2012, according to the state’s Division of Gaming Enforcement. Four casinos — Atlantic Club, Borgata, Caesars and Resorts — posted gains for the month.

One thing for certain though: Maryland is getting a lot of attention from the folks whose job it is to draw tourists to the Jersey shore.

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