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Tuesday, November 08, 2016

Maryland Casinos Generate $95.5 Million in Revenue During October


(Baltimore) – Maryland Lottery and Gaming today announced October 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. October 2016’s combined statewide revenue totaled $95,489,024, an increase of 0.8% from October 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 $5,974,678 from both slot machines and table games in October. Gross gaming revenue per unit per day was: $193.71 for slot machines, $2,108.94 for banked table games and $340.19 for non-banked table games. Hollywood Casino’s October 2016 revenue decreased by $253,391, or 4.1%, from October 2015. Hollywood Casino Perryville operates 850 slot machines and 20 (12 banked and eight non-banked) table games.


Horseshoe Casino Baltimore generated $26,633,279 from both slot machines and table games in October. Gross gaming revenue per unit per day was: $201.74 for slot machines, $2,554.41 for banked table games and $839.18 for non-banked table games. Horseshoe Casino’s October 2016 revenue increased by $1,950,507, or 7.9%, from October 2015. Horseshoe Casino Baltimore operates 2,202 slot machines and 179 (154 banked and 25 non-banked) table games.

Maryland Live Casino generated $53,222,149 from both slot machines and table games in October. Gross gaming revenue per unit per day was: $271.60 for slot machines, $3,744.18 for banked table games and $1,254.35 for non-banked table games. Maryland Live’s October 2016 revenue decreased by $1,757,506, or 3.2%, from October 2015. Maryland Live Casino operates 3,940 slot machines and 207 (155 banked and 52 non-banked) table games.

Casino at Ocean Downs generated $4,937,526 from slot machines in October, and its gross gaming revenue per unit per day was $198.91. Casino at Ocean Downs’ October 2016 revenue increased by $278,617, or 6%, from October 2015. The Casino at Ocean Downs operates 800 slot machines and does not have table games.

Rocky Gap Casino Resort generated $4,721,392 from both slot machines and table games in October. Gross gaming revenue per unit per day was: $204.96 for slot machines and $1,306.62 for banked table games. This facility does not have non-banked table games. Rocky Gap Casino Resort’s October 2016 revenue increased by $510,213, or 12.1%, from October 2015. Rocky Gap Casino Resort operates 634 slot machines and 17 table games.

In a year-to-year comparison, October 2016 casino revenue increased from October 2015 by $728,440, or 0.8%. See attached document for a detailed breakdown of October 2016’s fund disbursement, fiscal year-to-date totals for the individual casinos and combined state total.

Maryland Lottery and Gaming is responsible for oversight of the state’s casinos. In this role, the agency provides direction and guidance to its casino partners on financial, security, regulatory and licensing procedures for the facilities. To keep Marylanders informed and to maintain transparency of casino operations, monthly financial reports are posted on gaming.mdlottery.com. Maryland Lottery and Gaming reminds players to play responsibly and within their budget; resources are available at mdgamblinghelp.org or by calling 1-800-GAMBLER.

3 comments:

Anonymous said...

And it's all going to our schools, right ??

Anonymous said...

Yea and the schools look and are doing so much better correct?

Anonymous said...

aside from the philosophical, POLITICAL and ethical beliefs - casino's DO provide jobs.