Those crowds have helped the casino exceed expectations in the revenue department. In the first four days, the casino made over $two million. That was good news for lawmakers in the state that were on the fence as to whether the casino would be good for Maryland.
The casino had 1,500 slot machines when it opened on September 27th. The average daily win at each of the slot machines was $346, much more than the projected $210 per day. The best part for Maryland residents is that the money they spent attending the first few days of the casino's existence will be helpful for the Maryland education system.
Maryland is one of several Northeastern states that has expanded gambling in the hopes of helping out the state budget and the education system. Pennsylvania has led the way in recent years, and New York and Delaware have also made strides in expanding gambling. Delaware has actually legalized sports betting last year.
All of the good news for these states has turned out to be miserable news for New Jersey. The state that once held a monopoly on casino gambling in the Northeast, has now seen each of these neighboring states cut into the profits of Atlantic City casinos.
Maryland Casino A Huge Hit Among Gamblers In First 4 Days
Reviewed by sania
Published :
Rating : 4.5
Published :
Rating : 4.5
