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Md. revenue expected to fall $1B below earlier projections
ANNAPOLIS — State officials said Wednesday afternoon that Maryland‘s revenue picture will be bleaker than expected. The Board of Revenue Estimates announced state revenues projections will be as much as $365 million lower […]
Revenue at Maryland casinos up 11 percent in December
Maryland gaming officials say December’s revenue at the state’s five casinos was up 11 percent over December 2014. The casinos generated more than $95 million in revenue in December, Maryland […]
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 […]
Md. flush with gambling revenue even as games undergo changes
State revenue from gaming topped $1 billion last year even as portions of the traditional lottery portfolio shrank under pressure from casinos, demographic shifts, consumer fatigue and a discontinued game. […]
NCAA opposes fee request in revenue-sharing suit
The lawyers who pursued the successful antitrust lawsuit against the National Collegiate Athletic Association for not sharing revenue with college players are seeking far too much revenue for themselves, the NCAA says.
Medifast revenue continues long fall
The Owings Mills-based weight-loss company reported that third quarter net income dropped 14 percent compared to the same period last year.
Law firm revenues show gains in first half of year
Law firms continued to show signs of health in the first half of the year, according to a survey of 174 firms by Citi Private Bank.
GenVec cuts loss, grows revenue in 1Q
GenVec Inc., of Gaithersburg, a biopharmaceutical company developing novel gene-based drugs and vaccines, reported a first-quarter net loss of $1 million, or 7 cents per diluted share, on revenue of $2.1 million, compared to a net loss of $3 million, or 24 cents per diluted share, on revenue of $1.2 million for the year-ago period.
Sinclair mulls impact of FCC rulings
Sinclair Broadcast Group Inc. was on a buying spree until recently, acquiring television stations and broadcast groups to grow its audience.
State revenues expected to dip by $238 million
The state Board of Revenue Estimates voted Thursday afternoon to write down revenues by $238 million over the fiscal 2014 and 2015 budget years.
Park Heights Renaissance gets more city money
Baltimore’s spending board has approved a request from the city’s housing department to continue funding administration and operations at Park Heights Renaissance Inc., a nonprofit that opened in 2008 to redevelop the community in the northwest part of the city that includes Pimlico Race Track.
Holding out hope for a tax break
Despite revenues that continue to disappoint, some state officials are hoping there will be an opportunity to provide a tax break to Maryland businesses.
