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Posted at 11:01 AM ET, 03/ 7/2011

Md.'s casinos took in $12.2 mil in February

By Associated Press

The Maryland Lottery says the state's two casinos generated $12.2 million in February, up from nearly $10.8 million in January.

The lottery said Monday that February's figure brings the fiscal year total for both facilities to $50.5 million.

The Hollywood Casino in Perryville generated $9 million in February. That brings its fiscal year total to $44.3 million since it opened in September.

Casino at Ocean Downs generated $3.1 million in February, bringing its fiscal year-to-date revenue to $6.2 million.

By Associated Press  | March 7, 2011; 11:01 AM ET
Categories:  Maryland  
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Comments

"generated" is a misnomer when you are taking about casino revenues. A better term would be "siphoned" because casinos do not create new revenue, they siphon it off from other sources of revenue such as the lottery, or from other types of entertainment like films, videogames, eating out or even from an individuals basic need spending.

the only winners are the owners of the casinos.

Posted by: MarilynManson | March 7, 2011 11:54 AM | Report abuse

Gamblers with a stategy tend to play more than those without, but it is theologically unclear if the use of a strategy negates the entertainment-only rule laid down by Vatican officials.

One thing's for certain. With Atlantic City just hours away, Maryland is not debasing its citizens in a way that could be stopped without two casinos.

Posted by: blasmaic | March 7, 2011 10:36 PM | Report abuse

"One thing's for certain. With Atlantic City just hours away, Maryland is not debasing its citizens in a way that could be stopped without two casinos."

False.
A trip to Atlantic City makes a nice day trip. Even if you lost everything on your first spin, you'd still be away for 6 to 8 hours. You'd also have a long 3 hour plus drive to sort out any impulsive decisions.

A visit to a casino in Maryland now only requires a free lunch hour. All your spare cash, your rent money, grocery money, money you borrowed/stole from wife/husband/parents/children etc could be gone in the time it would take for you to go pick up a pizza for your waiting family.


Posted by: MarilynManson | March 8, 2011 9:01 AM | Report abuse

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