Revenue for the state’s largest casino dropped by about 10 percent in September compared to the same month last year after the opening of another large casino about 12 miles away, according to September revenue numbers released Monday by Maryland lottery officials.
Record setting numbers. Revenues from Maryland casinos reached a new monthly record in August, topping $80 million for the first time.
The state of Maryland is reporting a 2.4 percent increase in gambling revenue for the state’s general fund and education trust fund for the last fiscal year.
Maryland officials say the state’s four casinos brought in more than $72 million in revenue last month.
State gaming officials say Maryland’s four casinos generated more than $65 million in revenue.
The early numbers at Maryland Live! Casino have been impressive. They’re bringing in more than $1 million a day in gaming revenue.