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Perryville casino rakes in $2M in first four days

Perryville2.jpgMaryland's first slots casino got off the dime quickly, generating more than $2 million in revenue during its first four days of operation, state officials said Wednesday.

Hollywood Casino Perryville, located in the state's northeastern corner, opened three days ahead of schedule on Sept. 27 with 1,500 slot machines.

According to Maryland Lottery officials, the machines generated nearly $346 per day per machine in gross gaming revenue in the final days of September, well ahead of state projections of $210 per machine per day at the facility.

While the numbers may not stay that high, the September report was welcome news for Gov. Martin O'Malley (D), who has been under fire from former governor Robert L. Ehrlich Jr. (R) for the slow start of Maryland's slots program.

The Perryville casino is the only one of five sites authorized by voters in 2008 to have opened its doors. The fate of the state's two largest planned casinos -- in Anne Arundel County and Baltimore -- remains uncertain.

Of the more than $2 million generated in September in Perryville, about half will go to state education programs.

By John Wagner  | October 20, 2010; 10:59 AM ET
Categories:  2010 Elections, John Wagner, Slots  
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Comments

WOW! $2 mill in mere hours!

How many social security checks were surrendered to slots in that time?

Did anyone become homeless because they spent their last dollar, in the midst of this jobless recession? Wags, there's the story.

Slots are irresponsible governance, manipulative of the poor and the addicted, and the shame of Maryland Dems.

Congratulations, Governor O'Malley. You must be so proud. Add this to the economic death nails you made law, like the tech tax, the millionaire tax, the sales tax, and the foreclosure moratorium.

Now a tax on the poor and the addicted.

AMDG

Posted by: tcs1999 | October 20, 2010 11:18 AM | Report abuse

They cannot tax the poor so the state has developed this means to steal from them.

Posted by: Pilot1 | October 20, 2010 12:27 PM | Report abuse

So that means $2 million was siphoned off from movie theatres, book stores, florists, dining establishments, electronics stores, cd & dvd sellers etc.

$2 million less availible for savings in banks, or for investments.

$2 million less for home repair.

So what did we gain? A couple hours sitting infront of a flashing machine with buzzers while getting free watered down drinks?

the only winner in this is the casino owner.
everyone else loses.

Posted by: MarilynManson | October 20, 2010 3:11 PM | Report abuse

Hey, nobody forced these people to play the slots and gamble. Life is a gamble. Let the good times roll.

Posted by: VikingRider | October 20, 2010 4:12 PM | Report abuse

Where is the other $1M going?

Posted by: AM249 | October 20, 2010 5:07 PM | Report abuse

Where is the other $1M going?

Posted by: AM249 | October 20, 2010 5:08 PM | Report abuse

Um, that's 2mil in revenue...gross receipts in 4 days. Seems like no operating expenses such as employee wages & benefits, mortgage payments, utilities, etc, not to mention player winnings have been taken into account. Those $$ will make a rather large dent in the total receipts. So, does the state education system get their cut off the top, or after expenses?

And you know what Marilyn & tcs - you can't spend anyone else's money for them. A casino is merely one of many places to blow a little time & money. Perhaps if either of you took 20bucks & played the penny slots for an hour or so, you'd see that all ages of people from all walks of life enjoy pulling the arm (well, pushing the buttons).

Posted by: PorthosAD | October 20, 2010 9:31 PM | Report abuse

I'm not saying gambling isn't fun PorthosAD, and I have gambled myself and enjoyed it.
However, I'm just countering the headline that trys to make it seem like Maryland is getting $2 million dollars out of no where.

That $2 miilion is coming from somewhere and chances are if it wasn't hopelessly gambled away, it would of been spent in Maryland anyway.

The only people who are gaining from slots, are the casino owners.

Everyone else, loses.

Posted by: MarilynManson | October 21, 2010 8:14 AM | Report abuse

If I choose to put money into slots or play table games then that is my business and my business only. Who are you negative talking people to say what I can and can't do with MY money. If you don't want to put money into the slots or play the table games then stay away from the casino. People get on my last nerve trying to tell me what to do with mine.

Posted by: justmyopinion49 | October 21, 2010 9:50 AM | Report abuse

Please people, like the rich and comfortably well-off don't gamble? Only the poor? If people want to take their disposable income and spend it on slots, so be it. Get off of paternalistic hobby horse.

Posted by: B-rod | October 21, 2010 10:17 AM | Report abuse

MD and the local bodies get their cut off the top.

Posted by: wmsheppa | October 21, 2010 10:31 AM | Report abuse

This is a good sign for what's to come in AA County. The good news is that when QA passes on Nov. 2, there will be jobs available (I know at least two people who need them)and much needed money going to the school systems. This is money that would otherwise be going over to West Virginia. Personally, I'd like to see MD dollars stay in MD.

Posted by: johnpalmeromd | October 21, 2010 5:29 PM | Report abuse

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