The Oxford Casino in Oxford Maine led in its competition with the Hollywood casino in Bangor with $68.7 million in overall profits for 2017, while Hollywood Casino earned a $41.6 million.
According to the Maine Gambling Control Board’s annual report, the Oxford Casino took in $796.6 million in 2017, up $62 million from 2016. The Hollywood Casino in Bangor saw $408.4 million in slots revenue, down $28 million from 2016.
To start 2018, Oxford added 97 slot machines while the Hollywood Casino removed 39 machines, according to CentralMaine.com. The Oxford casino recently completed its 107-room, $25 million hotel, and added 3,000 additional square feet of casino space, spokeswoman Jane McClay Hoyt told the website.
“Oxford Casino Hotel’s parent company, Churchill Downs Inc., is very happy with their investment in Maine and the Oxford community,” Hoyt said. “Oxford Casino experienced exceptional growth since opening and making the additional capital investment into our slot products was an easy decision, given growing demand.”
Maine collected $54.5 million in gaming taxes from both casinos to distribute to more than a dozen groups, outlined by statute, according to the report.