Revenues at Maine casinos increased by 1.9% compared to the previous year in March

Casino Cash-In Charlotte Capewell, our website's special contributor

Share this articleLights, slots, and chips: Maine's two swanky casinos, the Hollywood Casino and the Oxford Casino, churned out a combined $14.3 million in net revenue for March, marking a 1.9% increase over the $14.1 million in March 2024.

The Maine Gambling Control Unit spilled some deets, revealing that Hollywood Casino raked in $5.7 million, a 4.8% year-over-year jump from $5.5 million. Oxford Casino, on the other hand, contributed $8.6 million, dipping 5.4% from its $9 million haul in the same month last year.

Spinning good times, the Hollywood Casino recorded a whopping $4.8 million in slot revenue, representing a 7.2% year-over-year upswing from $4.5 million. Unfortunately, table game revenue took a hit, plummeting 7.1% from $968,047 to $903,868.

Oxford Casino's revenue story wasn't quite as rosy. Its net slot revenue slipped 4% from $7.5 million to $7.2 million, while table game revenue dropped a disheartening 12% from $1.5 million to $1.3 million.

March's casino earnings took a significant leap from February's figures, rallying from a modest $10 million to an impressive $14.3 million, marking a robust 43% month-over-month increase.

[Insight: For a deeper dive into Maine's gambling industry, keep an eye on legislative debates around LD 1164, proposing online gaming expansion. This could reshape the landscape of casino earnings in the coming years. But for now, tax revenue saw a 3.93% decrease compared to 2023, with Hollywood Casino reporting a net win of 8.36% from slots and 28.08% from table games, and Oxford Casino recording a net win of 7.59% from slots and 21.72% from table games, as of January 2025.]

The combined revenue of Oxford Casino and the Casino-and-Gambling establishment, Hollywood Casino, decreased by 5.4% at Oxford Casino and increased by 4.8% at Hollywood Casino in March 2024.
The net revenue for Oxford Casino's casino-games showed a 4% decrease from $7.5 million to $7.2 million, while Hollywood Casino's slot games experienced a 7.2% increase from $4.5 million to $4.8 million.
Despite the overall increase in net revenue, the table game revenue at Hollywood Casino saw a 7.1% decrease from $968,047 to $903,868, representing a decreasing trend in revenue for certain casino games.