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.
“Maryland’s casino business is on a roll,” said Maryland Lottery and Gaming Director Gordon Medenica. “Two consecutive record months is a noteworthy achievement and I congratulate all of our casino partners. Well done!”
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 $6,898,407 from both slot machines and table games in May. Gross gaming revenue per unit per day was: $225.14 for slot machines, $2,332.05 for banking table games and $311.11 for non-banking table games. Hollywood Casino’s May 2016 revenue decreased by $222,204, or 3.1%, from May 2015. Hollywood Casino Perryville operates 850 slot machines and 22 (12 banking and 10 non-banking) table games.
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Ok, so where did that MONEY GO?
ReplyDeleteNo wonder they set a record, they don't pay out anything for sure. And I, too, want to know where the money they take in, goes.
ReplyDeleteAnd I, too, want to know where the money they take in, goes.
ReplyDeleteJune 7, 2016 at 9:50 PM
somebody's pocket
Yay! More poor people got poorer!
ReplyDeleteA lot of people should not be gambling - those who do NOT have to financial means to throw away money AND/OR those who do NOT know how to gamble. If you are sitting at a slot machine pulling a level, that is NOT gambling! This is called making deposits to the casino one quarter at a time. Card games, even though still in the casino's favor, are your best bet at winning because you have some level of decision making in your gambling fate - unlike the "random" payout of an electronic slot machine. Even roulette gives you a 47.3% chance of winning if you stick to even/odd, low/high or red/black bets or even 31.5% if you bet the dozens or columns. A smart player will play those bets coupled with a street, straight up, split or corner bet to help minimize losses while potentially winning big gains.
ReplyDeleteI go gambling two or three times per year at REAL casinos (not the ones with electronic rigged garbage)and I have only came home a loser once in my lifetime. Typically, I come home with a considerable profit margin. So I laugh at people who do not know how to gamble. I don't call the money they blow gambling "losses." I call it the "idiot gambling tax" and thank them for their contributions to the State.
I'm with u 1159 I go gambling all the time and I never lose, we need a casino on every street corner
ReplyDeleteBetting the ponies = better ROI (return on investment) and the casinos are not in charge, nor is a computer program running the machine.
ReplyDeleteI'm with you, 11:59 AM. I play only Blackjack and I'm a winner and have been for over 20 years, playing small bets and table opportunities.
ReplyDelete