Ocean Downs

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The numbers are out for Maryland casino revenue.

As of last month the combined state wide total was $103.8 million dollars.

That’s up five percent from last year in July.

The biggest winner was Maryland Live Casino which raked in over $60 million in revenue while the Horseshoe Casino in Baltimore produced revenue of nearly $25 million.

Hollywood Casino Perryville generated $6.7 million with Ocean Downs earning around $6.5 million.

Ocean Downs is being bought by Churchill Downs Inc. and Saratoga Casino Holdings LLC.

Don Rush

BERLIN, Md. (AP) - A Kentucky racing company and a New York casino firm will buy the Ocean Downs casino and racetrack.

Churchill Downs Inc. and Saratoga Casino Holdings LLC announced Tuesday that they formed a joint venture to buy Ocean Downs

Ocean Downs, a 67-year-old facility, takes up 168 acres of land in Berlin on the Eastern Shore. It has 800 video lottery terminals and electronic game tables, and has harness racing. It employs about 235 workers.

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Casino revenues may be up but Ocean Downs is not bringing in the kind money that had been hoped for when slots got approved.

It only brought in $56 million in revenue providing only $27 million in taxes and fees.

When the green light was given in 2009 to build the casino it was supposed to rake in $97 million by 2013 with $65 million going to the state and local governments.

The Salisbury Daily Times reports that the casino has only been able to hire half of the workforce that had been projected.

Don Rush

Pickets showed up at Ocean Downs last night as employees demanded higher pay.

Unite Here Local 7 noted that ever since the casino opened five years ago revenues have been going up.

The union pointed out that since last February the casino saw a 17 percent increase.

Joe Cavilla, general manager at Ocean Downs, told WBOC in a statement the casino has competitive salaries and raises.

He notes that the casino has 85 employees year round even though revenues drop by 42 percent during the off season.

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BALTIMORE (AP) - Maryland gaming officials say December's revenue at the state's five casinos was up 11 percent over December 2014.

The casinos generated more than $95 million in revenue in December, Maryland Lottery and Gaming said in a news release Tuesday.

The agency says monthly revenues were up five percent at Hollywood Casino Perryville; 19 percent at Horseshoe Casino Baltimore; nearly eight percent at Maryland Live Casino; 15 percent at Casino at Ocean Downs; and 14 percent at Rocky Gap Casino Resort.

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Maryland casinos raked in around $87 million last month.

That’s a nearly 6 percent increase over the same month last year.

In Anne Arundel County Maryland Live Casino pulled in the most at nearly $50 million or an increase of nearly 9 percent over the same period last year. 

The Casino at Ocean Downs saw a 15.4 percent increase over last year garnering $5.7 million.

Rocky Gap Casino Resort also saw a pickup in revenue of 6.2 percent or $3.9 million.

Hollywood Casino Perryville pulled in $5.1 million for an increase of 6.2 percent.

MD Casino Revenue Up

Jul 7, 2015
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BALTIMORE (AP) - State officials say Maryland's five casinos generated $91.4 million in revenue in June.

The Maryland Lottery and Gaming Control Agency said in a news release Monday that June 2015 casino revenue increased from last year by $19.3 million, or nearly 27 percent. In a year-to-year comparison excluding Horseshoe Casino Baltimore, which opened in August 2014, revenue decreased from June 2014 by $3.7 million, or 5.1 percent.

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The revenue figures are in for Maryland’s casinos.

They brought in $86.8 million for October.

The Maryland Lottery and Gaming Control Agency said the Maryland Live! earned just over $50-million while the Horsehshoe Casino Baltimore generated $22.4 million.

Hollywood Casino Perryville saw just over $6 million while Ocean Downs picked up $4 million.

And Rocky Gap Casino Resort came in with $3.7 million.

In a year-to-year comparison casino revenue declined by $2 million excluding Horsehoe Casino Baltimore which opened in August of this year.

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ANNAPOLIS, Md. (AP) - The Maryland Board of Public Works has approved a contract renewal for the state to spend up to $200 million to lease and maintain slot machines over five years.

The board voted 2-1 Wednesday, with Gov. Martin O'Malley and Treasurer Nancy Kopp voting in favor of the renewal. Comptroller Peter Franchot voted against it.

Maryland law initially required the state to own slot machines at the state's five casinos. However, the law was changed in 2012.

Next March, three of the state's casinos will acquire their own slot machines.

Don Rush

BALTIMORE (AP) - Maryland officials say the state's five casinos brought in more than $82.4 million in revenue last month.

The Maryland Lottery and Gaming Control Agency announced the revenue numbers Monday. Maryland Live Casino in Anne Arundel County led the group with more than $45.5 million from slot machines and table games. That's an approximately 10 percent decrease from September 2013.

Horseshoe Casino Baltimore, which opened to the public in August, brought in $22 million.

Don Rush

BERLIN, Md. (AP) - The Casino at Ocean Downs says it will set up 10 table games in a recently approved addition.

The Daily Times reports Monday that the casino in Worcester County has announced that the games will be installed in a 35,000-square-foot casino expansion. The casino does not give a timeline for the expansion.

Don Rush

Maryland gambling revenues may be hitting a ceiling soon with total take at $71 million in gross revenue in August.

Mark Nichols, an economics professor who specializes in the gambling industry at the University of Nevada in Reno says, don’t expect that expansion to continue.

There will be more competition in the next three years from the state’s two new casinos in Baltimore and Prince George’s county over the next three years.

Don Rush

BALTIMORE (AP) - State officials say Maryland's four casinos generated $71 million in revenue in August, nearly three-quarters of it from the state's largest casino, Maryland Live!

The Maryland Lottery says Maryland Live! in Hanover brought in $53 million in August. Hollywood Casino Perryville brought in $7.6 million; the Casino at Ocean Downs generated nearly $6 million; and Rocky Gap Casino Resort made $4 million.

Ocean Downs Casino Website

Gamblers could be spending some late nights at Ocean Downs.

The Casino says it will be open 24 hours a day in coming summer months beginning Friday and running through September 30th.

Maryland voters approved the operating hours as part of last year’s referendum.

And the Gaming Control Commission approved the Worcester County casino’s application to offer slots around the clock.

However, liquor sales will stop at 4 am for four hours.

 

Ocean Downs Racetrack and Casino, oceandowns.com

The Worcester County Commission will hear a plan next Tuesday that would add another 18-thousand gallons to the Ocean Pines Wastewater Treatment plant at Ocean Pines.

Ocean Downs wants to lay a force main 10 feet below the bottom of Turville Creek that would extend to Gum Point Road providing access to a sewer line for homes there as well.

The venue currently uses a septic system and drain field to treat its wastewater.

Ocean Downs drew 77-thousand visitors last year.

The Worcester County planning board has already given its approval lastJuly.

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The Maryland Senate Budget and Taxation Committee approved expansion of gambling in the state yesterday on an 11 to 1 vote.

It came on the first day of a special legislative session in Annapolis to allow table games and a sixth casino in Prince George’s County.

The measure now goes to the full Senate.

Owners of the Maryland Live! Casino in Anne Arundel county testified against the measure…fearing that the sixth casino would damage their business.

Meanwhile, William Rickman, the owner of Ocean Downs casino on the Eastern Shore, supported the bill.

Revenue is up for the Casino at Ocean Downs.

For the month of May it rose 21 percent over a year ago.
The Maryland Lottery reports that combined revenue from slots statewide totaled $14.5 million.

That’s an increase of $1.2 million from a year ago -- or 9.5 percent.

Ocean Downs took in $4.4 million in May.

Stephen Martino, director of the Maryland Lottery, told the Salisbury Daily Times that it is not clear why there has been an increase and suggested that it may lie with marketing efforts at the casinos.