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Casino revenue, purse contribution strong in 2021
After the second-highest revenue month in the history of casino gambling in Maryland, the amount generated for the Purse Dedication Account from video lottery terminals totaled $76.08 million in 2021, almost $10 million more than 2019 when the casinos were fully operational.
Maryland Lottery and Gaming Corp. in early January reported $172.90 million in overall gaming revenue in December, up 44.9% from December 2020, when the six casinos were operating under capacity restrictions because of COVID-19. The December number topped the $172.4 million in gaming revenue generated in May 2021 and trailed only the July 2021 figure of $180.1 million, according to the statistics.
In December 2021, the PDA earned $6.45 million, up 53.8% from $4.24 million in December 2020 and an increase of 19.7% from $5.46 million in 2019. Of the $6.45 million, 80% ($5.16 million) goes to Thoroughbred purses.
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Maryland horsemen have emerged as meaningful beneficiaries of the collaborative dual-state stakes schedule and new bonus incentives, according to statistics covering the period from June 21 through August 23 of this year.
Maryland horsemen have emerged as meaningful beneficiaries of the collaborative dual-state stakes schedule and new bonus incentives, according to statistics covering the period from June 21 through August 23 of this year.
