With Maryland’s first slots casino churning in Perryville, money has already begun flowing into the state.
Click on the slot machine lever below to reveal how much of November’s revenue from the Hollywood Casino Perryville will go to the seven designated agencies and accounts.
Each month, we will update the interactive with current figures provided by the Maryland Lottery.Here’s more on those seven agencies and accounts getting slots revenue:
Maryland Education Trust Fund: The bulk of the revenue (48.5 percent to 51 percent) goes to K-12 public school construction and community college and higher education building projects.
Hollywood Casino Perryville: The slots operator gets up to 33 percent of the revenue.
Horseracing purse account: 7 percent of the revenue is used to boost the winnings paid to horse owners at Maryland tracks, and support breeders in the state.
Local impact grants: Local governments home to slots parlors get 5.5 percent of the revenue generated. Some of that money also goes to communities neighboring Pimlico in Baltimore City and Rosecroft Raceway in Prince George’s County.
Racetrack facility renewal account: This fund for track upgrades gets 2.5 percent of the revenue.
Maryland Lottery: The state agency gets 2 percent of the revenue to cover its slots-related administrative costs.
Small, minority- and women-owned businesses: This money is set aside for business investment in these kinds of firms, with 1.5 percent of the revenue going to this fund.
I am so glad the Hollywood Casino in Perryville is helping MD and not the neighboring states. I have been a MD resident for 50 years and although I have a fixed income, I get the pleasure of visiting the slots in Perryville once in a while. The fist time I visited it was so cold inside that I had to wear my coat and gloves.Since then my concerns for my return due to the cold had been addressed and I hope to return again soon. Keep up the good work and I hope to see you again sometime.