The Maryland Lottery and Gaming Control Commission has published the latest set of results for the state’s six casinos, revealing an 8% uptick in sales throughout December.
As reported by Gambling Industry News, throughout the final month of 2021, the six casinos state-wide generated $172.9 m in total revenue, up 7.86% from November’s results of $160.3m.
Year-on-year, the revenue total represents an increase of $53.5m, owing to the improvement of the state’s restrictions in regards to COVID-19, which last year limited the operations of the casinos.
The casinos provided $71m to the state in taxable revenue, of which over $53m was directly transferred to the state’s Education Fund. This represents a $4.7m increase in Education Fund transfers from November.
Maryland Lottery and Gaming Director, John Martin, commented: “The combination of the holiday season and the launch of sports betting at five of the casinos during December led to great results. We congratulate our casino partners for their ongoing success.”
Sports betting was legalised in Maryland on December 9, with Governor Larry Hogan placing the state’s first bet at the BetMGM Sportsbook & Lounge, a futures wager on the Washington Football Team to face the Baltimore Ravens in the 2022 Super Bowl.