Maryland’s five casinos raked in more than $86 million last month, but that figure is down by 3 percent from the same month last year.
The automaker posted a net profit of $1.38 billion, or 81 cents per share, from July through September.
Maryland was the only state in the Mid-Atlantic region that saw casino revenues increase significantly between 2012 and 2013, and the trend has continued into 2014.
Maryland officials have revised the state’s revenue estimates downward by about $405 million for fiscal year 2015 and 2016.
Data from AAA Mid-Atlantic show red light cameras are raising big money for local governments.
Baltimore Mayor Stephanie Rawlings-Blake plans to announce a proposal to sell four city-owned parking garages to generate cash for urgent priorities and infrastructure.
Increasing revenue for Maryland casinos. Information released Tuesday shows the four state casinos grossed more than $72 million in the month of June.
Maryland officials say the state’s four casinos brought in nearly $78 million in revenue last month.
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.