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Roughly 9,000 visitors to Hollywood Slots Hotel and Raceway in Bangor dropped $5.6 million into the new facility's 1,000 slot machines on its opening day last week, according to the Bangor Daily News. That number includes recycled winnings that were bet again.
After taxes, Penn National Gaming's first-day net gaming revenue was $422,674, according to numbers from the Maine Gambling Control Board and reported by the paper. Hollywood Slots pays a combination of taxes that amounts to 51 cents out of every dollar of its net revenue, the paper said.
Daily wagers since Hollywood Slots' opening day have ranged from a low of $1 million to $3 million during the Fourth of July weekend, the paper said.
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Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Coming June 2025
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