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BALTIMORE (AP) - Maryland officials say lottery sales and casino revenues contributed over a billion dollars to the state in the 2015 fiscal year, the first time the number has topped the $1 billion mark.

The Maryland Lottery and Gaming Control Agency said Monday that $525 million came from the lottery and $487 million from the state's five casinos. Officials say the total is an increase of about 19 percent from the 2014 fiscal year.

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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OXON HILL, Md. (AP) - Maryland Gov. Larry Hogan is helping to celebrate a milestone with the MGM National Harbor resort and casino.

On Wednesday, the governor is offering remarks during the MGM Resorts International's 1,000th member construction workforce celebration.

The $925 million project was projected last year to bring about 2,000 construction jobs and 4,000 permanent jobs.

The plans for the site include a casino that can hold 3,600 slot machines and 140 table games. Officials said it could open as early as 2016.

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HAGERSTOWN, Md. (AP) - The owner of the Rocky Gap Casino Resort in western Maryland says shareholders will benefit tremendously from the company's planned merger with a privately held Nevada casino operator.
 

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A Delaware state has recommended providing a $46 million bailout for the First State’s gambling industry.

The plan to stabilize the Delaware’s three casinos came as a shock to some on the state’s Lottery, Gaming and Study Commission.

Where the money would come from as the budget battles heat up in Dover is still not clear.

House Majority Leader Valerie Longhurst who is also a member of the panel…called the proposal “an annual tradition that is not sustainable.”

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DOVER, Del. (AP) - A state panel charged with helping find a path forward for Delaware's gambling industry is meeting again after missing last week's deadline to submit recommendations.

Members of the panel, which recommended a $10 million casino bailout approved by lawmakers last year, were to meet Thursday to get updates on the state's most recent revenue forecast and on Delaware's horse racing industry, which gets a cut of gambling revenue.

The panel also was scheduled to discuss recommendations regarding further relief for Delaware's three casinos.

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Dover Downs is looking at some tough times.

Regional casino competition has doubled over the last few years while the bank demanded the casino’s mortgage as collateral when the gambling outfit recently refinanced $42 million of debt.

Meanwhile, its stock price has dropped to 72 cents after hovering around 30 dollars a share.

And it has the largest tax burden in the region at 43.5 percent.

After spending $283 million to building the casino and expand the casino over the last 18 years the owners say they are now fighting for their financial lives.

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DOVER, Del. (AP) - An industry group representing Delaware's three casinos is asking state lawmakers to revise revenue sharing models so that the casinos can remain profitable amid increasingly intense competition from casinos in other states.

The top priority for the Video Lottery Advisory Council is returning to a tiered rate structure for slots revenue, with the state's share fluctuating based on the amount of revenue taken in.

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

DOVER, Del. (AP) - A state panel that recommended a $10 million financial bailout for Delaware's three casinos earlier this year has reconvened to figure out what, if anything, to do next to help the state's struggling gambling industry.

The gambling study commission, which met Thursday, is charged with studying challenges facing Delaware's gambling industry and recommending ways to help the state remain competitive in a region that is becomingly increasingly saturated with casinos.

The Kite Loft logo

The Kite Loft became the first Ocean City business to get money from the slot revenue to finance expansion of the business.

The sum of $64-thousand came from the state’s Video Lottery Terminal Small Business Loan program.

And, the owner, Jay Knerr accepted the oversized novelty check outside his new story at 67th Street Town Center retail plaza.

With the low interest rate he told the Salisbury Daily Times that the loan fit his needs nicely.

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DOVER, Del. (AP) - A state House committee is eyeing a bill that allows veterans groups and fraternal organizations to operate slot machines, as long as they give a share of the proceeds to the state.

The bill being considered by the House gaming committee Wednesday cleared the Senate last week, but only after lawmakers added a controversial amendment expanding its scope to include local fraternal societies, not just groups with national affiliations.

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DOVER, Del. (AP/WSCL) - The state Senate has approved a bill allowing veterans groups and fraternal organizations to operate slot machines.

The Senate voted 15-to-2 for the bill Tuesday after adding an amendment expanding the authorized gambling to include local fraternal societies not affiliated with national groups like the Elks or Moose.

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.

 

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BALTIMORE (AP) - Maryland casino regulators may allow gambling at the Rocky Gap Lodge & Golf Resort in western Maryland to begin May 22.

The Daily Record of Baltimore reports that the Maryland State Lottery and Gaming Control Commission is considering an operations license for resort owner Evitts Resort LLC at its meeting Friday in Baltimore. Evitts is a subsidiary of Minnetonka, Minn.-based Lakes Entertainment Inc.

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DOVER, Del. (AP) - Critics of a bill allowing fraternal organizations and veterans groups to operate slot machines say the legislation should be expanded to include other charitable organizations and private clubs.

The House gaming committee held a hearing Wednesday on the bill, which the Markell administration developed after telling veterans groups and fraternal organizations last year to stop operating illegal slot machines. After the groups complained, lawmakers in January fast-tracked a bill allowing them to temporarily resume slot machine gambling.

DOVER, Del. (AP) - The state House has approved a bill fast-tracked by the Markell administration bowing to complaints from fraternal organization and veterans groups who were told to stop operating illegal slot machines.

The bill approved Wednesday on a 34-to-1 vote allows the groups to resume slot machine gambling until June 30 while lawmakers work on a permanent measure allowing the groups to offer legal gambling.

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Delaware lawmakers are considering a measure that would allow fraternal organizations to keep their video lottery machines in play – at least temporarily.

There will be a limit of 20 video lottery machines that pay out to a limit of 75-percent of each dollar put in.

The rest will go to the state like machines at the casinos.

The legislation comes in the wake of a crackdown on slot machine operations at various veterans’ clubs last fall by law enforcement authorities.

Maryland Live Casino, marylandlivecasino.com

HANOVER, Md. (AP) - Operators of the Maryland Live! Casino in Hanover are marking the completion of their slots parlor.

The Cordish Companies held a party at the venue Wednesday to celebrate the addition of more than 1,000 slot machines. The total of 4,750 machines makes it the nation's third-largest commercial casino.

David Cordish declined to comment on a November ballot question that would allow for the addition of table games at Maryland casinos.  The measure also would create a license for a casino in Prince George's County.

Rocky Gap Resort, rockygapresort.com

CUMBERLAND, Md. (AP) - The new owner of the Rocky Gap Lodge & Golf Resort near Cumberland says the resort plans to start operating slot machines late next summer or early next fall.

The Cumberland Times-News reported Tuesday on a Securities and Exchange Commission filing by Lakes Entertainment Inc. of Minnetonka, Minn.

The company owns Evitts Resort LLC, which recently acquired the 215-room hotel complex and a state casino license for the property.

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.

lDOVER, Del. (AP) - The state House has approved a bill authorizing online betting in Delaware and more venues for sports wagering and other gambling.

In addition to online slots and table games, the proposal by Gov. Jack Markell expands keno beyond Delaware's three existing casinos to at least 100 sites.

The bill, which was approved 29-to-8 Tuesday, also authorizes betting on NFL games in at least 20 more sites other than the casinos.

HANOVER, Md. (AP) - Maryland's largest casino is opening to the public.

Maryland Live! will open Wednesday night next to the Arundel Mills Mall in Hanover.

The Maryland State Highway Administration is advising drivers to expect a high volume of traffic along Maryland Route 100 and Route 295 through this weekend because of the opening.

The casino will have about 3,200 slot machines on opening night.

Another 1,550 slot machines are set to be added in a second phase between July and October.

The casino also has five restaurants that are set to open.

 

     ANNAPOLIS, Md. (AP) - The state Senate has given preliminary approval to a bill to expand Maryland gambling to include table games like blackjack and roulette.

     The chamber passed the measure to its final voting stage Monday night after shooting down amendments that attempted to strip profit enhancements for casino owners and limit how many licenses a slots parlor operator can have.

 

       ANNAPOLIS, Md. (AP) - Maryland is paying more than double for each slot machine that officials acquired to fill the state's first three casinos.

     An analysis by The Washington Post found the state is paying about $10,000 per machine per year. At the current rate, the paper says the state could spend $50 million a year more than projected by the time all five privately owned casinos are open.