Maryland Slots Revenue Dips Slightly In May
BALTIMORE (AP) -- The Maryland Lottery says the state's two casinos generated more than $13.2 million last month, marking a decline for the first time this year.
The Casino at Ocean Downs took in $3.69 million last month, up from $3.51 million in April. However, that wasn't enough to offset a $446,000 drop at the Hollywood Casino Perryville. The 1,500-machine casino took in $9.61 million in May, down from roughly $10 million in April.
Overall, the casinos generated $13.29 million in May, a decline of about 2 percent from April.
State officials and analysts say the drop isn't necessarily a cause for concern, as they are more focused on longer-term trends.
The Casino at Ocean Downs has seen revenue increase each month and is expected to continue climbing as summer tourist season begins.
(Copyright 2011 by The Associated Press. All Rights Reserved.)
