Revenue Dips at Maryland Casinos in January

Casino revenue across Maryland dropped by about $900,000, as the state’s three casinos brought in $44.3 million combined.

Hollywood Casino in Perryville pulled in $5,455,111 in January, down from $5,956,140 in December.

Revenue at Maryland Live! was essentially flat between December and January; the casino pulled in $35,943,756.19, a decline of just under $100,000 from December.

The Casino at Oceans Downs collected $2,928,919.55, down from $3,335,925.98 in December.

In sum, Maryland casino revenue generated $14.6 million for operators; the rest goes to the state’s Education Trust Fund, local impact grants, and the horse racing industry. 

The breakdown for January was as follows:

• $14.6 million to casinos
• $21.8 million to the Education Trust Fund
• $3.1 million to purses at racetracks
• $2.4 million to local impact grants
• $775,736 to racetrack renewal
• $2 million to the Maryland Lottery
• $1.5 million to small, minority and women-owned businesses. 

Maryland Live! began operating round-the-clock at the end of December. Hollywood Casino in Perryville started 24-hour operations on the weekends in January. Casinos in Maryland plan to introduce live table games later this year.