- Published: Friday, 15 October 2021 17:24
Maryland casinos generated $165.3 million in revenue in September, up 15.1% from September 2020 when they were operating at 50% capacity and an increase of 16.2% from the same month in 2019, according to figures released by Maryland Lottery and Gaming Control Agency.
The Purse Dedication Account, which is funded by a 6% share of video lottery terminal revenue at the state’s six casinos, collected $6.37 million in September with 80% ($5.09 million) for Thoroughbred racing. The Thoroughbred share for September 2019, when the casinos were operating at full capacity, was $4.37 million.
The Racetrack Facility Renewal Account, which gets 1% of VLT revenue each month, earned $1.04 million in September 2021.
For the first nine months of 2021, the PDA has accrued $56.70 million—$45.36 million for Thoroughbred racing and $11.34 million for Standardbred racing. In 2019 the numbers for the same period were $50.26 million ($40.20 million and $10.06 million).
For September of this year, five of the six casinos posted increases in revenue from September 2020. MGM National Harbor led the way with a 20.9% increase in revenue to $69.4 million, which includes VLTs and table games.