Maryland’s casinos in May combined for their slowest month of the year, posting the first month-to-month drop in revenue since the state’s second casino opened in January. Slots revenue during May totaled $13.3 million, a 2 percent decrease from April, according to the Maryland Lottery. The Hollywood Casino at Perryville was the sole culprit, posting $9.6 million in revenue, a 4.4 percent decrease from April’s total. April’s $10.1 million in revenue was the highest monthly total since the casino’s first full month in October.
With the fiscal year ending June 30, the two casinos have combined for $90.4 million in revenue, with $30.5 million going to the state Education Trust Fund. That’s half as much education money as the state’s original estimate of roughly $76 million for fiscal 2011. However, those estimates assumed that the state’s largest casino, planned near the Arundel Mills mall, would be operating.
