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 than earlier forecasts for the fiscal year that started in ...Read More »
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 ...Read More »
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. Much of the 19 percent growth over last year resulted ...Read More »
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.
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