Removing Local Discretionary Income and Lost Jobs

Calculating the loss of local jobs and the impacts of Gambling on local businesses begins with consideration of the DAILY Slot Machine revenues.

When the daily revenue is $206.63 per day per machine, it's easy to understand why at least ONE local job is lost for each machine.

Maryland casino revenue down 7% in October
Washington Business Journal by Ryan Sharrow, Web Editor

Maryland's two casinos generated $12.9 million in October, down more than 7 percent from September.

Hollywood Casino Perryville brought...in in October... $195.58 per slot machine, per day. That was down from ... $206.63 per machine, per day during September. The 13-month-old casino has 1,500 slot machines.

Casino at Ocean Downs in Worcester County generated... $151.41 per machine, per day in October.

Casino share: $4,264,936

TAXPAYER SUBSIDIES TO RACING INDUSTRY:
Horse racing purse account: $904, 683
Race tracks facility renewal account: $323,101