The COVID-19 pandemic closures of Maryland’s six casinos cost casino owners and the state of Maryland millions of dollars.
For Maryland’s just-ended fiscal year 2020, total casino gaming revenue was $1.28 billion, down 27.3% from fiscal 2019.
As a result, casino contributions to Maryland state coffers totaled $529.1 million, down 26.9% from fiscal 2019. The largest share of casino contributions to the state goes to its Education Trust Fund, which received $396.8 million for fiscal 2020, down 26.9%.
Maryland casinos closed in mid-March and remained closed until the second half of June, with no gaming revenue at all for the months of April and May.
Click here to read the rest of the article written by Jeff Clabaugh over at WTOP
