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MD casinos report strong June; purse contribution increases
Maryland casinos generated $161.49 million in revenue in June, an increase of 13% from the same month in 2019, according to figures released by Maryland Lottery and Gaming.
Comparisons with 2019 are made because the state’s six casinos were closed for most of June 2020 due to COVID-19 restrictions.
The Purse Dedication Account, which earns 6% of revenue from video lottery terminals at all casinos, collected $6.28 million in June. The Thoroughbred share of 80% amounted to $5.02 million. That is up 12.8% from June 2019, when the Thoroughbred share of the PDA was $4.45 million.
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At its September open meeting, the Maryland Thoroughbred Horsemen’s Association (MTHA) Board of Directors reviewed the highly successful results of the $600,000 Owner and Developer Bonus Program and the dual-state bred stakes schedule offered this summer to Maryland-based connections during the Laurel Park racing break.
