Subscribe To Our Newsletter!
.svg){kind=small}
MD casinos, Purse Dedication Account have solid October
Maryland’s six casinos, operating at 50% capacity because of COVID-19 restrictions, generated $142.6 million in revenue in October, down only 0.9% from the same month a year ago, according to Maryland Lottery and Gaming.
The Purse Dedication Account—it earns 6% of video lottery terminal revenue at MGM National Harbor, Live! Casino & Hotel, Horseshoe Casino Baltimore, Hollywood Casino Perryville and Ocean Downs Casino, and 2.5% at Rocky Gap Casino is & Resort—collected $5.56 million ($4.45 million for Thoroughbred racing) in October. This is actually a 2.97% increase from revenue received in 2019.
The Racetrack Facility Renewal Account, which funds capital improvements, produced by $908,000 from its 1% VLT share.
Latest Posts
It’s never too early to start planning for the 2025 Ferris Allen Bootstraps Scholarship—an award created to support individuals working within the Maryland Thoroughbred racing community who aspire to further their education.
Owners and developers of Maryland-bred horses are encouraged to plan now to take advantage of the $600,000 Owner & Developer Bonus Program, which will be available during the summer break in live racing at Laurel Park.
