Maryland Pays $10,000 Per Slot Machine

Maryland is paying more than double for each machine

Friday, Mar 16, 2012  |  Updated 10:51 AM EDT
View Comments (
)
|
Email
|
Print
Maryland Pays $10,000 Per Slot Machine

NBCPhiladelphia.com

Program officials say the slots will still generate considerable revenue for the state.

Maryland is paying more than double for each slot machine that officials acquired to fill the state's first three casinos.
 
The Washington Post found the state is paying about $10,000 per machine per year. At the current rate, the paper says the state could spend $50 million a year more than projected by the time all five privately owned casinos are open.

  The state launched its slots program in 2007. Maryland is one of only a handful of states, including Delaware, where slot machines are purchased by the state and not casino owners. The idea is that the state is responsible for the integrity of the gambling.
 
Program officials acknowledge the added cost but say the slots will still generate considerable revenue for the state.

Get the latest headlines sent to your inbox!
View Comments (
)
|
Email
|
Print
Leave Comments
NBC4's Camp4Kids
NBC4 launched Camp4Kids in 1993,... Read more
Follow Us
Sign up to receive news and updates that matter to you.
Send Us Your Story Tips
Check Out