Revenue Up at Casinos in December

All casinos in the state saw increases in revenue in the final month of the year, though revenue from Hollywood Casino and Ocean Downs was lower than in 2011. Maryland Live! pulled in $229 million in 2012.

The Maryland Live! casino pulled in $229 million in revenue in 2012, comprising more than 60 percent of all gambling revenue statewide, despite opening in June.

The Maryland Lottery reported that the casino at Arundel Mills finished the year with $35 million in revenue in December, up from $34 million the month prior. Across the state, Maryland's three casinos pulled in $45.2 million in the last month of 2012, up nearly 5 percent from November. 

However, December revenue from Ocean Downs and Hollywood Casino was $3.19 million, 25 percent less than in 2011, when Maryland Live! was not yet open. 

Maryland Live! is the largest of the three casinos, with 4,750 game terminals. Its per-terminal revenue of $244 in December was nearly double that of the Ocean Downs and the Hollywood Casino in Perryville. 

Hollywood Casino reported $5.96 million in revenue in December, up from $5.4 million in November. Ocean Downs also saw revenue rise slightly, from $3.32 million to $3.34 million. 

Ocean Downs reported $49.9 million in revenue in 2012, while Hollywood Casino reported $98.6 million. 

Casino operators in Maryland kept 33 percent of gambling revenue in 2012. The rest is directed to the state's education trust fund, local impact grants or programs to support minority businesses and the horse racing industry. 

In 2012, casinos pocketed $124 million, while directing $184 million to the education trust fund and $26 million to racetrack purses. Another $8.4 million went to fund renewal of racetracks, while the Maryland Lottery collected $7.6 million.

Maryland Live! introduced 24-hour gambling on Dec. 27 and plans to add live table games in early 2013. 

Elle January 08, 2013 at 07:40 PM
how many people are spending their welfare and unemployment money at the casinos now?
ken January 08, 2013 at 11:22 PM
Im sure the state likes there money back,
Russ DIaz January 09, 2013 at 05:52 AM
I just want to see what the stats are in comparison to Hollywood Casino in West Virginia.


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
See more »