CHARLESTON, W.Va. -- Revenue from the state's four racetrack casinos is holding up in the face of new competition in Ohio and Maryland -- thanks to continued huge revenue numbers from Charles Town's Hollywood Casino.
According to revenue figures presented to the Lottery Commission Tuesday, overall June Lottery revenues of $112.8 million were 3.7 percent ahead of projections -- in part because an expected sharp decline in table games revenue did not occur.
"We're running a little ahead," Lottery Director John Musgrave said Tuesday. "Revenue is 4 percent ahead for the month of July."
Revenue from the racetracks' video lottery and table games had been expected to suffer a steep drop following the opening of a new casino in Cleveland and video slot facilities in Columbus and Maryland, but that drop did not materialize because of the continued strong performance at Charles Town.
For June, table games at Charles Town took in $12.9 million -- or more than 2 1/2 times the revenue of the state's three other tracks combined.
Blackjack alone brought in $2.96 million at Charles Town -- more than the total June gross receipts for Mountaineer ($1.99 million), Mardi Gras ($1.75 million) or the Wheeling Island ($1.08 million) casinos.
The state's fifth casino, in The Greenbrier resort, brought in $577,212 for the month.
The state's share of table games profits for June was $6.41 million -- with Charles Town accounting for $4.52 million of that total.
Maryland has opened two slots-only facilities this year, but neither is in the vicinity of the Charles Town casino.
However, Musgrave said he is concerned by plans to open a gaming facility in Baltimore's Inner Harbor. Meanwhile, construction of a casino in Columbus is underway, presenting new competition for the hard-hit Northern Panhandle casinos.
"As they keep adding facilities, we're going to see the impact," he said. "We expect it to have a major impact on our facilities in West Virginia."