Casino Revenue Essentially Flat in January
Maryland Live! saw revenue decline slightly despite the first full month of 24-hour gambling.
Revenue at the Maryland Live! casino was essentially flat between December and January, despite the first full month of 24-hour operations. The casino pulled in $35,943,756.19 in January, a decline of just under $100,000 from December. Casino revenue across the state dropped by about $900,000, as the state’s three casinos brought in $44.3 million combined. Maryland Live! is by far the largest casino with 4,750 machines. The Hollywood Casino in Perryville pulled in $5,455,111 in January, down from $5,956,140 in December. The Casino at Oceans Downs collected $2,928,919.55, down from $3,335,925.98 Casino revenue generated $14.6 million for operators with the rest going to the state’s Education Trust Fund, local impact grants, and the horse …
Ronald L Nadeau
3:49 pm on Tuesday, February 5, 2013
It would be a Gold Mine for the State treasury. Go for it. more ›