MARYLAND (WJZ) — Maryland Lottery and Gaming announced that traditional lottery ticket sales and the state’s six casinos combined to contribute $1.252 billion to Maryland’s economy.
The combined total of $1.252 billion in state contributions is a 12.1 percent increase from the previous record of $1.117 billion in the fiscal year 2017. However, this year marked the first time that all six casinos operated for the full fiscal year.
The Maryland Lottery made history with sales surpassing $2 billion for the first time. The sales fueled an all-time record of $1.247 billion in prizes paid to players, which is a 4.2 percent increase from the previous fiscal year.
New records were also established for retailer commissions and scratch-off ticket sales.
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5 comments:
The harder it is to make money ..the more people want to gamble it away looking for the Maga Jackpot !!! lol
I’m sure the taxpayers appreciate the savings on their taxes since this is Revenue not budgeted.
The continued rise in revenue will start to diminish in a few years - then flat line. THATS when one needs to worry since Annapolis will need another revenue generator!!!!
$1.252 billion, gone in 30 seconds.
It's all for the children
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