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Casinos continue to post strong revenue figures
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.
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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.
