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

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

Maryland gambling enterprises were authorized by voters in 2008 on the grounds that the generated taxation revenue from legalizing commercial gambling would be mainly used to fund training 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 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 invite table games at the gambling enterprises.

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

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

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

‘It was a crass, cynical effort to dupe people,’ Franchot told Baltimore’s FOX affiliate this week. As comptroller, Franchot is Maryland’s chief economic officer and ac…

Март 13, 2020 / / в