Cecil County Casino Revenues Rise

As reported in the Baltimore Sun, Maryland’s four casinos pulled in $65.3 million in revenue for September.  The figure represents an increase in revenue for our casinos as compared with last year’s numbers.  As reported,

On a year-over-year basis, the three casinos that have been open for more than 12 months — Hollywood Casino Perryville, Maryland Live Casino and Ocean Downs — saw revenue rise by $19.3 million, or 45 percent, in September.

Hollywood Casino in Perryville, Cecil County, managed to increase revenue despite competition with Delaware casinos, as described in the article.

The Cecil County casino, whose revenue had declined steadily as new competition opened, has seen a reversal of that trend in recent months. September marked the third month in a row that Hollywood’s revenue increased over the previous year.

“They have an effective marketing campaign that’s playing out,” [Casino analyst and Harford Community College Professor  James] Karmel said.

Overall, Professor Karmel finds, “a fairly level revenue picture … and positive for Maryland,” as reported by the Sun.  For more information, see the full story from the Sun.

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