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Maryland Lottery Sets All-Time Record for Sales and Profits

August 10th, 2016 by WCBC Radio

Maryland Lottery and Gaming (ML&G) today announced more than a half-dozen record-breaking figures for Fiscal Year 2016. The Lottery’s record sales of $1.908 billion bested the previous record set in FY2012 and powered all-time highs for prizes to players, retailer commissions and profit to the State of Maryland. ML&G contributed an unprecedented $1.079 billion to the State of Maryland – $569.8 million from traditional lottery and $510 million from casinos. The total represents a 6.7 % increase from the previous combined record of $1.012 billion set in FY2015. ML&G is the fourth-largest contributor to the state, and profits support Maryland’s good causes, including the Maryland Education Trust Fund; public health and safety; small, minority and women- owned business; horse-racing, veterans’ organizations and more.

 

"The many milestones that we reached clearly reflect the good year we had, not just for the lottery but for everyone – more prizes for our players, stronger commissions for our retailers, and most importantly, an all-time record contribution to the State," said Maryland Lottery and Gaming Director Gordon Medenica. "We're optimistic that the coming year, which will bring the opening of the state's sixth casino, will be another record-setter."

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