Maryland Casinos Don’t Help Education as Promised, State Comptroller Says

Date: March 12, 2020 | Category: 21 Dukes Casino

Maryland Casinos Don’t Help Education as Promised, State Comptroller Says

Maryland casinos were authorized by voters in 2008 on the grounds that the generated income tax income from legalizing commercial gambling will be primarily used to fund education programs. But that promise, based on state Comptroller Peter Franchot (D), isn’t being kept.

Fifty-eight percent of voters supported the ballot referendum in 2008 to amend their state’s constitution and legalize slot machines at five independently owned video gaming venues. a further referendum passed in 2012 to add a sixth facility, and allow table games at the gambling enterprises.

State Comptroller Peter Franchot says tax revenue stemming from Maryland casinos isn’t being earmarked once the voter-approved 2008 referendum that is constitutional.

The ’08 amendment posed to residents explained a vote of support ‘authorizes hawaii to issue up to five video lottery licenses for the primary reason for raising revenue for education of children in public schools, prekindergarten through grade 12, public school construction and improvements, and construction of money projects at community universities and higher education institutions.’

But approaching nine years since Marylanders backed gambling, Franchot says the scheme ‘was fundamentally a lie.’

‘It was a crass, cynical work to dupe people,’ Franchot told Baltimore’s FOX affiliate this week. As comptroller, Franchot is Maryland’s chief financial officer and responsible for gatheri

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