Md. Lottery Announces April Slots Revenue

BALTIMORE (AP) — The Maryland Lottery says the state’s two casinos had about $13.6 million in gross revenue for April.

The lottery announced Tuesday that the two facilities have brought in a total of about $77.1 million for the fiscal year.

Hollywood Casino Perryville generated about $10 million in April, for a total of about $64.2 million for the fiscal year. The Casino at Ocean Downs near Ocean City generated about $3.5 million in April, for a total of about $12.9 million for the fiscal year.

The casinos get about one-third of the gross revenues, while 48.5 percent is set aside for the state’s education trust fund. Horse racing purses get about 7 percent, while 5.5 percent goes to local impact grants and 2.5 percent goes to a horse racing track renewal.

(Copyright 2011 by The Associated Press. All Rights Reserved.)

Comments

One Comment

  1. sheriff says:

    Bull-s**t, the money will find its way to the general fund where it will be squandred. The schools are & will still be broken, teachers incompetent (most) & buildings falling down. What is need here is a strong guiding hand , a stern educated leader not like the pepper belly closet queen Alonso the carpet bagger..

Leave a Reply

Please log in using one of these methods to post your comment:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Baltimore

Track Weather On The Go With Our App!
Your Podcast Network Play.it

Listen Live