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Saturday, July 13, 2013

Casino’s June Revenue Climbs 9%

BERLIN -- A look at the June revenue numbers for the Casino at Ocean Downs and the three other operating casinos across the state revealed Maryland’s gaming industry has far exceeded projections for fiscal year 2013, which came to a close last week.

According to the Maryland Lottery and Gaming Control Agency revenue report for June, the four operating casinos in Maryland raked in over $66 million in June, bringing the fiscal year 2013 total to more than $608 million. The revenue figure for the fiscal year that ended on June 30 came in at nearly $77 million more than the Maryland Board of Revenue Estimates projected.

The Board of Revenue Estimates had projected an estimated $531.5 million would be generated in the fiscal year with $498 million coming from slot machines and another $33 million coming from table games. Instead, slot machines at Maryland’s four operating casinos, including the Casino at Ocean Downs in Berlin, generated about $560 million, while table games at three of the up-and-running casinos generated a whopping $48 million, or around $15 million more than projected.



Anonymous said...

And they are still getting an 8.5 M/B bailout???????????????????????????????????????????????????????????????????????????

Anonymous said...

No wonder.Any of those among us who routinely go there (myself included)know how tight those machines are.The numbers indicate that a certain percentage is being paid out to players,but you rarely talk to anyone who has won much.

Anonymous said...

Any of those among us who routinely work there know how really tight those machines are.