Maryland Lottery and Gaming today announced that monthly combined revenues for the state’s casinos reached a new high of $103,891,225 in April 2016. The total surpassed the previous best month, July 2015, which saw casinos generate $98.95 million.
Maryland’s first casino opened in September 2010, and there are now five casinos operating in the state: Hollywood Casino Perryville in Cecil County, Horseshoe Casino Baltimore in Baltimore City, Casino at Ocean Downs in Worcester County, Maryland Live Casino in Anne Arundel County, and Rocky Gap Casino Resort in Allegany County.
“This is another great milestone for Maryland’s casinos,” said Maryland Lottery and Gaming Director Gordon Medenica. “We’re looking forward to continued growth of the state’s casino industry, and of course that means more funding for important state programs.”
Casino contributions to the state go to the Maryland Education Trust Fund and also support small-, minority- and women-owned businesses, local impact grants and the state’s horse racing industry.
Hollywood Casino Perryville generated $7,010,172 from both slot machines and table games in April. Gross gaming revenue per unit per day was: $235.58 for slot machines, $2,505.23 for banking table games and $335.01 for non-banking table games. Hollywood Casino’s April 2016 revenue increased by $135,000, or 2%, from April 2015. Hollywood Casino Perryville operates 850 slot machines and 22 (12 banking and 10 non-banking) table games.
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How is taking money from poor people for gambling any better than for drugs? Their families still don't benefit.
ReplyDelete100 million a month would really perk up our economy if it was being spent by people on good, services and real estate.
ReplyDeleteyippee.
ReplyDeleteWhere is this money going?
ReplyDeletegreat news, more children going hungry
ReplyDelete