Maryland lawmakers will be wrestling with a bigger budget problem than they expected, after officials revised the state’s revenues down by about $238 million on Thursday for the current fiscal year and the next.
The Maryland Horse Breeders Association says its staying competitive on and off the track.
The Maryland Lottery and Gaming Control Agency announced Thursday that November 2013 revenue numbers for the state’s four casinos totaled $66,840,380.
Maryland’s four casinos generated $65.3 million in total revenue for the month of September.
As many high-profile agencies sit idle because of the federal government shutdown, others are humming along just fine, thank you.
State officials say Maryland’s four casinos generated $71 million in revenue in August, nearly three-quarters of it from the state’s largest casino, Maryland Live!
Playing the lottery pours millions into the state coffers–about $830 million this year alone. But it’s not all good news. As competition from casinos grows, lottery revenues are down.
Maryland is having a run of luck at the casinos. The money collected by the state this fiscal year is tens of millions more than expected.
Maryland’s three casinos pulled in approximately $59 million in April.
There’s news that Maryland’s largest casino is generating even more cash. For the first time, it’s bringing in the highest slots revenue of any casino in the Mid-Atlantic.
Maryland’s three casinos pulled in $58 million in March.
NFL SALARY CAP FIASCO