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



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

Fifty-eight percent of voters supported the ballot referendum in 2008 to amend hawaii’s constitution and legalize slot machines at five privately owned video gaming venues. a further referendum passed in 2012 to include a sixth facility, and invite table games at the casinos.

State Comptroller Peter Franchot says taxation revenue stemming from Maryland casinos isn’t being earmarked since 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 movie 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 training institutions.’

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

‘It was a crass, cynical effort to dupe individuals,’ Franchot told Baltimore’s FOX affiliate this week. As comptroller, Franchot is Maryland’s chief economic officer and in charge of gathering reven Read more »