Maryland casinos generate $47.8 million in February

Maryland Live sets new record as state prepares for table games

March 05, 2013|By Chris Korman, The Baltimore Sun

Maryland Live brought in more than $38.3 million in revenue in February — a new record by $2 million — despite a shortened month and the temporary removal of 700 video lottery terminals to accommodate table games.

In all, Maryland's casinos brought in $47.8 million, the second-highest amount since last July, which was Maryland Live's first full month of operations. All but $15.8 million of the money brought in by casinos went back to the state.

Hollywood Casino in Perryville generated a little less than $6 million, representing a drop of 48 percent year-over-year. The Penn National-owned casino will be the first in Maryland to offer table games later this week. The state's first casino, Hollywood received permission to decrease the number of VLTs it operates from 1,500 to 1,148 and has requested to scale back to 1,000.

Ocean Downs, outside of Ocean City, brought in $3.5 million, representing a 1.68 percent decrease from February 2012.

Maryland Live in Hanover, which operates 24 hours a day, generated about $302 from each of the 3,991 machines it is currently using (though the number of machines fluctuated throughout the month), while Hollywood made only $185.59. Hollywood will begin full-day operation Thursday when it opens 20 table games to the public. Ocean Downs made about $155 from each of its 800 machines.

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