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
County governments in Maryland could raise up to 5 cents per gallon on gas sales for local transportation projects, under the latest proposal made Thursday by the state Senate president on how to raise badly needed money for transportation.
Gaming officials say Maryland’s three casinos generated more than $45 million in revenue in December.
While Maryland legislative leaders say they are painfully aware of the need for additional transportation money, they didn’t sound very confident on Friday during a preview of the upcoming session that there will be enough support in the Legislature to produce a revenue package of the magnitude that is needed.
Superstorm Sandy did little lasting damage in the Washington area, but it did cause a big dip in Metro’s ridership.
The National Aquarium is pumping more than $300 million into the local economy.