BALTIMORE (WJZ) — Despite limited capacity for eight months of the 2021 fiscal year, Maryland’s six casinos generated a record-breaking $1.39 billion in funding for state programs and services.
The Maryland Lottery said the casinos generated $1.746 billion in gaming revenue and contributed $723.5 million to the state, a 0.8% increase from the previous record for state contributions set in the fiscal year 2019.READ MORE: Flash Floods In Maryland Close Some Schools, Roads; Several Rescued In High Water, MSP Responds To More Than 500 Calls
“It’s exciting to set records, but the achievement we’re most proud of is that we remain a vital source of revenue that supports the people of Maryland,” said Maryland Lottery and Gaming Director John Martin. “Our staff is mindful of that goal every day, and we appreciate the hard work on the part of our Lottery retailers and casino partners. It’s truly a team effort.”READ MORE: CDC Advisory Panel Backs FDA Decision For COVID-19 Booster Shots, Baltimoreans React
The Maryland Lottery shattered its previous profit record by 12.5 percent.
Lottery sales reached a high of $2.611 billion, surpassing the previous mark set in the fiscal year 2019 by $414 million. Lottery ticket profits contributed $667.4 million to state programs.MORE NEWS: 'It's Really Unfortunate': Students In Anne Arundel County React To News Of Postponed Homecoming Dances
Casino gaming revenue contributed $531.4 million for the Maryland Education Trust Fund, and more to these programs:
- Local aid to communities and jurisdictions where the casinos are located: $92.2 million
- Maryland’s horse racing industry: $78.8 million
- Maryland’s Small, Minority and Women-owned Business Fund: $17.0 million
- Responsible gambling programs, including cost-free assessment and treatment services for Maryland residents: $4.1 million