Maryland’s casino industry reportedly generated total revenue of slightly above $157.7 million in November 2023. As reported by The Southern Maryland Chronicle (SMC), the total revenue generated from slot machines and table games in six casinos in the state reflects a 3.5% decline in comparison to the same month in 2022.
$66.1 Million in Tax Revenue:
According to the source, the 3.5% decline accounted for around $ 5.6 million lower amount to be used for financial contributions to the state through gaming tax and other levies and fees. The SMC reports that the November gaming revenues resulted in the casino industry’s contribution of $66,150,282 to the state funds which stands for a 2.3% – or around $1.5 million – lower figure than the contributions made in …