Politics & Government

Statewide Slots Revenue Rises by More than 18 Percent

New table games at Hollywood Casino helped draw more gamblers, while other casinos in the state saw revenue increases

Slots revenue in Maryland rose by more than 18 percent between March and February, helped along by a longer month and the addition of table games at one casino.

The Maryland Lottery reported $56,582,630 in slots revenue during March, up from $47,767,536 in February. 

In addition, the Hollywood Casino in Perryville reported $1,465,763 in revenue from table games introduced in March. Table games will be introduced at Maryland Live! later this month. 

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Maryland Live!, the state's largest casino with more than 4,100 slot machines, saw revenue rise from $38,335,308 to $44,613,545, or about 16 percent.

Excluding Maryland Live!, which opened in June of 2012, casino revenue dropped $4,368,688 or about 27 percent compared to March of last year. 

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Here's a look at the slot revenue for each casino in February and March. 

Casino February Revenue March Revenue  Pct. Increase Maryland Live! $38,335,308 $44,613,545 16% Hollywood, Perryville $5,964,475 $8,020,346 34% Ocean Downs $3,467,751, $3,948,739 14% Totals $47,767,536 $56,582,630  18%

Casino revenue was distributed to a variety of places, including horse racing purse accounts, local impact grants and small and minority businesses. 

 The breakdown of distribution for slots revenue was as follows: 

  • $18.67 million to casinos
  • $27,86 million to the Education Trust Fund
  • $3.96 million to horse racing purse accounts
  • $3.11 million to local impact grants
  • $990,000 to racetrack renewals
  • $1.13 million to the Maryland Lottery
  • $848,739 to small, minor and women-owned businesses

In addition, table games revenue from Hollywood Casino directed $293,152 to the Education Trust Fund, woith $1,172,610 retained by the casino. Under legislation passed last year and approved by voters in November, casino operators keep a larger share of table games revenue than slots revenue.


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