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Tag Archives: casinos

All 5 of Maryland’s casinos report revenue gains in October

Maryland Lottery and Gaming Control Agency announced that all five Maryland casinos reported revenue gains in October. The agency announced Thursday that state casinos generated an estimated total of $94.7 million last month. This was an increase of $7.9 million, ...

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4 Maryland casinos post revenue increases in September

Four of Maryland’s five casinos posted revenue gains of at least 5 percent in September. The figures, which were released Tuesday by the Maryland Lottery and Gaming Control Agency, reveal casino revenues totaled $87.4 million, an increase of $5 million ...

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Jack L.B. Gohn: The house always wins – and often excludes

The casino industry is designed around the principle that every game is openly rigged in favor of the house. Some publicly acknowledged feature designed into each game assures the casino that, over a large number of wagers, the house will ...

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Curfew blamed for decrease in Horseshoe Casino revenue

A curfew imposed in the wake of a riot and a state of emergency declared in Baltimore is being blamed for a decrease in revenue in April at Horseshoe Casino. The casino operations were affected by a six-day curfew imposed by Mayor Stephanie Rawlings-Blake in the wake of riots and a state of emergency that was declared in Baltimore City. The curfew, which began on April 28, caused the casino, which had been a 24-hour operation, to close from 9 p.m. to 8 a.m. The under-performing casino generated more than $22.9 million in April — a decrease of about $1.8 million month over month.

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Hard Rock may enter Atlantic City

Florida’s Seminole Indians are renewing their torturous debate about entering Atlantic City’s gambling market. The tribe, which owns the Hard Rock brand, has long played the role of Hamlet, wrestling for years with the question of whether to be (or ...

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Trump casino could stay open

(AP) Trump Entertainment Resorts says a new $20 million pledge by billionaire investor Carl Icahn will give it time to restructure while keeping the struggling Taj Mahal casino open. Trump attorneys said Monday that Icahn’s proposal, $15 million more than ...

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