BERLIN – After paying out at least the legal minimum 87 percent per machine – some machines were set to a higher payout level according to Maryland Lottery officials – the gross revenue generated by the Casino at Ocean Downs exceeded $3 million in its first month of operations.
Since its Jan. 4 opening the casino has generated more than $144 per machine per day.
Local impact grants, of which Berlin and Ocean Pines get 10 percent and Ocean City receives 20 percent were $166,948.20.
The revenue for the state’s two casinos – Hollywood Casino Perryville in Cecil County and the Casino at Ocean Downs – totaled $11 million, bringing the cumulative fiscal year total for both facilities to $38 million.
Hollywood Casino Perryville generated $7.7 million in January, down from over $11 million in October but up more than $1.1 million over December’s numbers, a fact they’ve attributed to decreased holiday spending.
To keep Marylanders informed and maintain integrity and transparency in its regulation of the state’s casinos, the Maryland Lottery posts monthly financial reports on slots revenue on its website, slots.mdlottery.com.