- The Enterprise
- The Recorder
Maryland’s casinos took in $43 million in November, and while one casino saw a year-over-year increase in revenues, another saw a sharp decrease.
Hollywood Casino in Perryville generated $5.4 million last month, a decline of $3.7 million, or about 40.5 percent, from November 2011.
The casino’s revenues have been sliding steadily since June, when the $500 million Maryland Live! Casino opened at Arundel Mills Mall in Hanover.
“A pattern has been established since Maryland Live! opened,” said Stephen L. Martino, director of the Maryland State Lottery Agency. “There’s been repositioning in the market.”
Hollywood Casino is owned by Penn National Gaming, which also owns Hollywood Casino in Charles Town, W. Va., and was the chief financier of the campaign against the expansion of gambling in the state.
Voters approved a plan in November’s election to allow table games and a major resort and casino in Prince George’s County.
Earlier this year, the Perryville casino announced its intention to return one-third of its 1,500 machines, due to declining revenues.
A reduction at some level is still expected, but the amount could change as the casino decides how many table games to offer, Martino said.
The Casino at Ocean Downs in Berlin, which has 800 slot machines, took in $3.3 million in November, an increase of 6.9 percent from last year. Maryland Live!, which has 4,750 machines, took in $34 million, up from $30.6 million in October.