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.)