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Analysts Release Revised Maryland Gambling Revenue Figures

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    NEWSLETTERS

    The Maryland House of Delegates is considering legislation to expand gambling in the state in special session. (Published Tuesday, Aug 14, 2012)

    Analysts have released revised revenue figures to reflect tax changes made by a Maryland House of Delegates committee to a gambling expansion bill.

    The estimates, released on Tuesday, show how much tax reductions for casino operators will affect the state's education trust fund, if table games are allowed along with a Prince George's County casino.

    Maryland House Considers Gambling Expansion

    [DC] Maryland House Considers Gambling Expansion
    The Maryland House of Delegates is considering legislation to expand gambling in the state in special session. (Published Tuesday, Aug 14, 2012)

    The fund would get about $174 million in additional gambling revenue for fiscal year 2017, if changes in the bill are fully implemented. That's down about $32 million compared to the bill passed by the Senate.

    A House committee voted Monday night to change the tax rates to offset the economic impact of a new casino.

    Meanwhile, the House was late for a scheduled 2 p.m. session. As of 4 p.m., the session had not started.