Maryland Live! Boosts State Casino Revenue Again

Increases in slot and table game revenue at the Hanover casino comprised nearly all of the revenue gains in the state in November.

Casino revenue in Maryland nearly topped $67 million in November. (Credit: Tim Lemke)
Casino revenue in Maryland nearly topped $67 million in November. (Credit: Tim Lemke)
Maryland's casinos pulled in nearly $67 million in revenue in November, a slight uptick from October thanks to rising income from the Maryland Live! casino in Hanover. 

New revenue from table games, in particular, helped move overall casino revenue to its highest level since August and its fourth-highest monthly total to date. 

The Maryland Live! casino was the biggest moneymaker in the state, reporting $34.2 million in slots revenue and $19.1 million from table games. The table games revenue was the highest total since live games were introduced at Maryland Live! in April. 

Slots revenue at Maryland Live! was up slightly in November, from $33.4 million to $34.2 million. 

Compared to November of 2012, when table games had not yet been introduced, revenue has risen at Maryland Live! by more than $19 million, or 55 percent, according to the Maryland Lottery. 

At Hollywood Casino in Perryville, slots revenue dropped slightly from $5.9 million in October to $5.5 million in November. Table game revenue rose from $1.02 million to $1.1 million. 

At Ocean Downs, slots revenue dropped from $4.2 million to $3.5 million. 

At the Rocky Gap casino, slots revenue dipped slightly in November from $2.89 million to $2.85 million. Table game revenue also dipped from $530,000 to $474,648. 

Here's how the casino funds were divided up in November: 

Casino Share - $32 million ($16 million from slots, $16 million from table games)
Education Trust Fund- $26 million ($22 million from slots, $4 million from table games
Horse Racing Purses- $3.1 million from slots
Local Impact Grants - $2.5 million from slots
Racetrack Renewals - $756,000 from slots
Maryland Lottery - $921,000
Small, Minority and Women-Owned Businesses- $669,754.25 
JaySmith December 08, 2013 at 07:50 AM
The unwritten, mostly unspoken truth......coming from the sheeple of Md.....is that no matter how much gambling rev comes into Annapolis -- seems to be headed for close to $1B/year -- our tax & spendaholics never reduce or eliminate any other taxes -- seems with this extra $1B, they could eliminate the new tax on alcohol, or the god-awful insulting Tolls, or income tax, or RAIN tax. These folks in Annapolis have reached a new level of greed. NO WAY I'll retire in Md. And businesses all around Baltimore (not in DC corridor) are suffering and closing. What's needed is LESS govt and LESS taxes. But that's not a winning message around the DC metro area. Sad but true


More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something