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Thursday, September 08, 2016

Maryland Casinos Generate $100.3 Million in Revenue During August

Maryland Lottery and Gaming today announced August 2016 revenue numbers for the state’s five casinos – 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. August 2016’s combined statewide revenue totaled $100,309,528, an increase of 3.7% from August 2015.

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 $5,933,598 from both slot machines and table games in August. Gross gaming revenue per unit per day was: $194.34 for slot machines, $1,972.84 for banked table games and $252.83 for non-banked table games. Hollywood Casino’s August 2016 revenue decreased by $624,575, or 9.5%, from August 2015. Hollywood Casino Perryville operates 850 slot machines and 22 (12 banked and 10 non-banked) table games.

Horseshoe Casino Baltimore generated $27,716,141 from both slot machines and table games in August. Gross gaming revenue per unit per day was: $198.39 for slot machines, $2,827.97 for banked table games and $851.49 for non-banked table games. Horseshoe Casino’s August 2016 revenue increased by $133,118, or 0.5%, from August 2015. Horseshoe Casino Baltimore operates 2,202 slot machines and 179 (154 banked and 25 non-banked) table games.

Maryland Live Casino generated $55,904,771 from both slot machines and table games in August. Gross gaming revenue per unit per day was: $273.38 for slot machines, $4,309.85 for banked table games and $1,271.79 for non-banked table games. Maryland Live’s August 2016 revenue increased by $3,779,943 or 7.25%, from August 2015. Maryland Live Casino operates 3,923 slot machines and 206 (154 banked and 52 non-banked) table games.

Casino at Ocean Downs generated $6,203,201 from slot machines in August, and its gross gaming revenue per unit per day was $249.98. Casino at Ocean Downs’ August 2016 revenue increased by $127,379, or 2.1%, from August 2015. The Casino at Ocean Downs operates 800 slot machines, and does not have table games.

Rocky Gap Casino Resort generated $4,551,817 from both slot machines and table games in August. Gross gaming revenue per unit per day was: $200.53 for slot machines and $1,149.10 for banked table games. This facility does not have non-banked table games. Rocky Gap Casino Resort’s August 2016 revenue increased by $149,204, or 3.4%, from August 2015. Rocky Gap Casino Resort operates 634 slot machines and 17 table games.

In a year-to-year comparison, August 2016 casino revenue increased from August 2015 by $3,565,068, or 3.7%.

AUGUST 2016 CASINO NUMBERS

6 comments:

Anonymous said...

So we will to see more for free tolls for the hordes coming from the western shore to the beaches.

Anonymous said...

I won't hold my breath expecting any kind of tax refund or reduction. I do expect the educational tax pigs to be at the trough looking to Gorge themselves on such an exorbitant profit. School vouchers now!!! The Lottery Commission has lied to us and continues to lie to us. Its taxation without representation and it is becoming the new norm. I still cannot wait to depart Maryland with its Rhino governor and sickening disgusting inept representation we have in Washington and Annapolis. The exception being a few selected shore representatives minus of course the libtards mr. Useful idiot Mathis.

While the lottery and gambling continue to rake in record profits! education continues to fail suffer but they still ask for more money? what the hell are you people doing up there. School vouchers Statewide could solve this problem being able to direct your tax funding to protect our schools.

Anonymous said...

Last time I looked, "revenue" does not mean "profit" - just another twisted "statistic".

Anonymous said...

Re: Ocean Pines 6.2 million income from slots. What percent does the Casino pay back in winnings to the player?

Anonymous said...

10:41 I agree-school choice vouchers NOW! I pay taxes for public schools that my kids do not go to because they are awful.

Anonymous said...

its all for the children