The Maryland Lottery today announced revenue numbers for the state’s two casinos — Hollywood Casino Perryville in Cecil County and the Casino at Ocean Downs in Worcester County. January’s statewide revenue totaled $10,752,565.55, bringing the cumulative fiscal year total for both facilities to $38,348,993.46.
Hollywood Casino Perryville generated $7,717,143.81 in January bringing fiscal year-to-date revenue to $35,313,571.72 for the facility. January’s gross gaming revenue per machine per day was $165.96, and the casino is averaging $185.37 in daily per machine gaming revenue since opening September 27, 2010. Ocean Downs generated $3,035,421.74 since opening January 4, 2011, making the gross gaming revenue per machine per day $144.54.
GO HERE to read more.
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
Another venue for the State of Maryland to initiate a predatory tax under the promise that it's for Education. Then in five years, a professional hocky/football/baseball/basketball can be bought or needs a stadium built and the funding comes from the "Lottery". What happens to funding for schools? It's comes from the General Fund, which is funded by increasing taxes on the working folks.
ReplyDeleteThe slots revenue is maybe, kinda going towards education. At the end of O'Malley's current term, he's going to exclaim:
ReplyDelete"See, I taught you a lesson! You should not have re-elected me on my word." :^)