With Maryland Live leading, state’s casinos boost revenue

December 6, 2013

This is not a broken record: Maryland Live Casino raked in more than $50 million in gross gambling revenue last month.

Yes, again.

The Anne Arundel County casino’s pretax take was $53,422,841 in November — the seventh consecutive month it has cleared at least $50 million on its slot machines and table games.

Collectively, the state’s four casinos brought in $66.8 million in November, according to figures released Thursday by the Maryland State Lottery and Gaming Control Agency.

Excluding Rocky Gap Casino, the picturesque Western Maryland resort that opened in the spring, year-over-year casino revenue in the state was up 47 percent, or $20.4 million, for the month.

Nearly the entire increase came from live-action table games, which were approved last year by voters as part of a dramatic expansion of gaming in Maryland. November revenue from blackjack, craps, roulette and other table games at Maryland Live and Hollywood Casino Perryville was $20.28 million — all but $1 million of it coming from Maryland Live.

Year-over-year revenue was up at all three casinos that were already opened at this time last year. But the largest gain was at Maryland Live — by far the state’s biggest casino, with 4,328 slot machines and 174 gaming tables (including poker). It had a revenue jump of more than 55 percent from last November.

More than $26 million of the November gambling revenue goes into the state’s Education Trust Fund, which has collected nearly $290 million from Maryland’s four casinos this year.

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