While revenues popped 16.8 percent year-over-year in Maryland, gaming in Atlantic City isn’t quite so robust. The collapsing industry has seemed to stabilize recently as only eight brick-and-mortar casinos remain in Atlantic City, but revenue was still down 1.7 percent in March, the most recent statistical month released by New Jersey.<\/p>\n
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Casinos won $187.4 million in Atlantic City during that month, meaning the Maryland gambling market is now roughly 55 percent the size of the east coast’s longstanding New Jersey gaming epicenter.<\/p>\n<\/div>\n
Aside from New Jersey, regional gaming is up in states such as Ohio and Pennsylvania.<\/p>\n
Money that would have otherwise traveled from Maryland to New Jersey certainly seems to be staying home. That’s great news for Marylanders, state lawmakers, and the residents that benefit from the gaming tax programs.<\/p>\n
In addition to the Education Trust Fund and horse racing industry, Maryland casinos provide local grants and aid small, minority, and women-owned businesses.<\/p>\n
“It’s a healthy market,” Gaming USA Corp. President Alan Woinski told The Baltimore Sun<\/em> this week. “The economy is better, there is job growth and there are lower gas prices.”<\/p>\n","protected":false},"excerpt":{"rendered":"Maryland casinos cruised past the $100 million monthly revenues benchmark in April for the first time since commercial gambling came to the state six years ago. The five casinos, Hollywood Casino Perryville, Horseshoe Casino Baltimore, Ocean Downs, Maryland Live!, and Rocky Gap Resort, generated $103,891,225, their highest 30-day period by almost $5 million. Compared to […]<\/p>\n","protected":false},"author":42,"featured_media":35685,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10,18],"tags":[],"acf":[],"yoast_head":"\n
April Sees Maryland Casinos Pass $100 Million for 17 Percent Jump<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n