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Analysts Release Revised Maryland Gambling Revenue Figures

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    NEWSLETTERS

    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.

    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.