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Tuesday, June 07, 2011

Maryland Slots Revenue Dips

The Maryland Lottery says the state's two casinos generated more than $13.2 million last month, marking a decline for the first time this year.

The Casino at Ocean Downs took in $3.69 million last month, up from $3.51 million in April. However, that wasn't enough to offset a $446,000 drop at the Hollywood Casino Perryville. The 1,500-machine casino took in $9.61 million in May, down from roughly $10 million in April.

Overall, the casinos generated $13.29 million in May, a decline of about 2 percent from April.

State officials and analysts say the drop isn't necessarily a cause for concern, as they are more focused on longer-term trends.

The Casino at Ocean Downs has seen revenue increase each month and is expected to continue climbing as summer tourist season begins.

from the Associated Press

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