Maryland Live tops in income generation
Maryland live has at last made it to the top in the log as the top earner in last year’s total income. In total, the casino accrued total gaming revenue to $54,184,065. Tables brought in $19,728,397 whereas slots brought in $34,455,666. Since it was initiated back in 2012, the Mid-Atlantic based casino has for years shone brightly and surpassed other competitors.
Maryland Live! Casino president Robert J. Norton claimed that he was very pleased with the end year outcome for his firm. He claimed that this showed how well its clients were satisfied with their services. This was a great achievement to the entire team which he thanked and is proud of. The casino incorporated over $40 million in 2015 alone in upgrading its resources as well as the purchase of the new Morty’s Deli as well as additional of other programs which proved to be important aspects for their customers.
Each year, over 10 million clients signs with Maryland Live Casino. From the entire amount accrued as profits, the State government is awarded with almost $1 million in taxes which incorporates real estates, property, gaming, employment use taxes and sales. This makes the casino the highest tax paying firm in the State.
Norton went ahead to claim that the Cordish companies was pleased to know that one of its products; the Maryland Live! Casino contributes over 60% of all taxes the State receives from betting firms. In a span of three years the casino has generated more than $67 million which has brought a huge impact to the State as well as its populace. He concluded by saying that all eyes are set on the success of the casino which will in turn play a huge role in supporting education in the State with their very own project of the local Anne Arundel County communities.
The casino now has attention on 2016 with the aim of generating more income than it did in 2015. It has set aside more than $150 million for its new projects among them new restaurants, incorporation of fresh casino games and other attractions. This includes their project of expanding the Luk Fu Asian restaurant, bringing in new live dealer tables as well as the initiation of the Live Social Casino platform and many more.