Maryland’s six casinos generated $128,763,516 in gaming revenue in January 2021, Maryland Lottery and Gaming announced Friday. The total represents a decrease of 11.5% (-$16,703,436) compared to the January 2020 total of $145,466,952.
Casino gaming contributions to the state in January 2021 totaled $53,964,464, a decrease of $6,244,276 (-10.4%) compared to the $60,208,740 contributed to the state in January 2020.
Contributions to the Education Trust Fund in January 2021 were $39,215,848, a decrease of $5,945,370 (-13.2%) compared to the $45,161,218 in ETF contributions during January 2020. Casino gaming revenues also support the communities and jurisdictions where the casinos are located, Maryland’s horse racing industry, and small, minority- and women-owned businesses.
As part of Maryland’s effort to halt the spread of COVID-19, the casinos were closed on March 16 and began reopening with capacity limitations on June 19.
It could have been a much greater loss had casinos
not been considered essential businesses ??
Better than nothing at all.