Competition is taking its toll on Hollywood Casino in Perryville, Md.
- Foter File photo.
Casino winnings have dropped by 35.6 percent from a year ago at the casino west of Newark, Del. Casino owners want to return hundreds of slot machines to the State of Maryland in response to the decline brought on by the opening of the Maryland Live casino near Baltimore. Hollywood Casino generated $5,992,576.12 in September, with gross gaming revenue per machine per day was $133 for the month. Maryland Live Casino generated $32 million in September, and its gross gaming revenue was $247 per day per machine. A published report indicated that Hollywood owner Penn National Gaming is negotiating to purchase a stake in Maryland LIve. This comes as gaming giant Caesars and investors move toward construction of a casino in Baltimore. That would put further pressure on Hollywood Casino. For further details, click on the link to the release from the Maryland Lottery.
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