- Associated Press - Sunday, June 7, 2015

BALTIMORE (AP) - Maryland casinos are cutting back on the number of slot machines to make room for more table games and other amenities.

The Washington Post (https://tinyurl.com/qgc9tu4) reports that over the past three months, the state’s three largest casinos have eliminated 1,350 slot machines. That’s a 16 percent reduction in the number of slots at Maryland Live, Horseshoe Casino Baltimore and Hollywood Casino Perryville.

If the trend continues, Maryland could start to lose out on tax revenue. The state taxes slot machine earnings at rates between 57 and 61 percent. Table-game earnings are taxed at 20 percent.

However, the state is also expected to gain thousands of new slot machines next year when the MGM National Harbor Casino opens in Prince George’s County.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.

 

Click to Read More

Click to Hide