Players gambled $1.2 billion on slot machines at Maine’s two casinos last year, according to a Maine Gambling Control Board annual report. At Oxford Casino in Oxford, the house earned $68.7 million and at Hollywood Casino in Bangor, $41.6 million in 2017. Both casinos appeared to have entered 2018 with different strategies: Oxford added 97 […]
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Posted inAdvertiser Democrat, Maine, Oxford Hills
Oxford Casino revenues up in 2015
Figures released Monday from the Maine Gambling Control Board show slot machine playing was down in Bangor in 2015, while in Oxford there was reason for the house to smile. Oxford Casino reported nearly $4 million more in revenue last year over 2014. As the host municipality, the town of Oxford received more than $1.5 […]
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Posted inBusiness, sj-web
Casinos argue against expanding gambling in Maine
BANGOR — Leaders of Maine’s two casinos told members of a legislative committee Wednesday that the state has reached its saturation point with gambling and opposed a series of bills seeking to expand the industry. Representatives of some of the groups behind the proposals, which include two of the state’s Indian tribes, told members of […]
Posted inMaine, sj-web
Harness-racing purses shrinking
PORTLAND — Slot machines have helped Maine’s harness-racing industry by funneling millions of dollars to horsemen, breeders and tracks. But declining slot machine revenue at Bangor’s Hollywood Casino and other factors, including fewer spectators, have led to a double-digit drop in purses this year. Jay Burns of Topsham, who co-owns a racing horse, said he […]
Posted inBusiness, sj-web
Gambling board questions independence of casino overseer that wants to buy slot machine distributor
AUGUSTA — The company that tracks slot machine revenues at Maine’s casinos and warns the state’s gaming regulators if anything is amiss is acquiring one of the five slot machine distributors authorized to do business in Maine. Scientific Games, which holds a state contract to track real-time slot machine revenues at Hollywood Casino in Bangor […]