How National Guard Support Could Impact Horseshoe Casino Baltimores Casino Revenue

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• President Donald Trump is dispatching the National Guard to Baltimore.
• Baltimore is home to the Horseshoe Casino, which has struggled due to nearby crime.

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On Tuesday, President Donald Trump announced a plan to extend federal law enforcement assistance from the nation’s capital to major cities plagued by crime.

After previously deploying the National Guard in Washington, D.C., Trump now plans to send troops to Chicago and Baltimore. Baltimore, with a population of approximately 567,000, is home to the Horseshoe Casino.

The Horseshoe Casino Baltimore has not met the expectations set prior to its opening. Launched in August 2014, it is owned and operated by Caesars Entertainment alongside Maryland investors through CBAC Gaming.

Located just south of M&T Bank Stadium, which hosts the NFL’s Baltimore Ravens, the casino was anticipated to be a key driver of visitors during Ravens games. However, the direct path—a mere quarter mile—is lined with abandoned structures, tarnishing the potential vibrancy of the location.

Could National Guard Help Horseshoe?

Trump asserts that federal assistance is essential for making the streets of Baltimore safer.

He remarked, “I have an obligation. This isn’t a political thing,” referring to both Baltimore and Chicago as “hellholes.” This characterization highlights serious concerns about security in the area surrounding the casino.

The path from the Ravens stadium to the casino is anything but inviting, often filled with desperate individuals and panhandlers. In response, Caesars and CBAC Gaming have attempted to improve the experience by acquiring vacant properties along the route and suggesting significant redevelopment of Warner Street.

Notably, Horseshoe Casino Baltimore has been silent on the potential benefits of having the National Guard provide support in the area. Despite the city’s efforts to reduce crime—with diminishing homicide rates—challenges continue to exist amid the transformation.

Baltimore has achieved historic progress, reducing shootings and homicides to significant lows. Reports indicate homicides fell by 29.5% and nonfatal shootings dropped by 21% from 2024.

Pigtown, a neighbourhood proximate to Horseshoe, carries a reputation for high crime rates, including violent incidents. Maryland Governor Wes Moore has voiced opposition to the arrival of the National Guard in Baltimore.

He stated, “It would be great if we could have a President of the US who truly understands that we are witnessing a turnaround story in America right now and would love support to continue these efforts rather than introducing criticism and cynicism into the discussion.”

Horseshoe Needs a Ringer

Historically, Horseshoe Casino Baltimore has struggled against its competitors, notably MGM National Harbor and Live! Casino & Hotel Maryland. The casino’s yearly gross gaming revenue (GGR) has plummeted from $324.3 million in 2016 to a mere $172.5 million last year—a staggering 47% drop.

To illustrate the competitive landscape: in 2024, MGM National Harbor reported $838.7 million in GGR, while Live! Casino and Hotel Maryland earned $729.3 million.

Key Takeaways

• The Horseshoe Casino has seen significant revenue losses amidst increasing competition.
• Federal aid is being sought to enhance safety and attract patrons.
• The future success of the casino may depend largely on neighborhood revitalization efforts and improved safety measures.

In summary, while the deployment of the National Guard may address immediate safety concerns in Baltimore, overarching issues related to crime and the casino’s performance necessitate comprehensive strategies for long-term improvement. Focused efforts on developing the area surrounding Horseshoe Casino alongside federal assistance are crucial for revitalizing its fortunes.

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