Maryland Casinos Have Not Helped Education Sector As Promised, State Comptroller

Maryland Casinos Have Not Helped Education Sector As Promised, State Comptroller

Gaming resorts I the State of Maryland do not support the education sector. This is the firm stand from State Comptroller Mr. Peter Franchot.

The Comptroller said that it was on grounds that gaming companies help in the facilitation of education programs that the legislator passed into law the bill to expand their respective ‘territories’ in 2008.

Nine years later, in spite of gaming facilities making real money online casino gambling sites a big income generating sector, they have failed to honor their promise.

Franchot has reminded gaming companies that unless they honor their promises, there will be a negative effect on education development projects. Maryland Casinos Record High Revenues As MGM National Harbor Tops.

It should be remembered that in 2008, over 80% of Maryland residents voted in favor of gaming facilities.

Back then, voters saw it wise to support the expansion of gaming facilities, which offered slot machine raising them to 5.

A later referendum that was done in 2012 opened better chances of more casinos to offer other games.

According to the agreement, in return, part of the revenue from gaming facilities would be injected to the state’s education programs.

This is not something new to either casino operators or to the local people. Back then, the main referendum question, which voters were asked was, whether they are willing to support the state’s bid to give operational licenses to five gaming facilities to offer gaming services. In return, tax that would be given to the state would be used to aid in education projects.

Some of the projects the revenue from gaming facilities would help funding include construction of as well as improvement of pre-kindergarten classrooms, support children that are in public schools up to grade 12, construction of school facilities such as colleges and institutions of higher learning throughout the state.

Over 80% of those who voted said ‘yes’ to the referendum thus the state gave 5 licenses to private casino investors who vowed to fulfilled their promises.

More than 9 years later, nothing in the casino operator’s words has been fulfilled. In fact, according to the comptroller, there is no tax that has been earmarked for the same purpose.

He argues that if there is money that has been given by various casinos, it is only for the purpose of normal tax.

The Comptroller feels that operators shortchanged residents who voted for the referendum with hope that they will support the community.

“The whole process was nothing but a pure lie and disrespect for the people of Maryland. Surprisingly, the then governor, Martin O,Malley together with other legislators knew this was a scheme,” said Franchot.

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Maryland Casinos Have Not Helped Education Sector As Promised, State Comptroller
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Maryland Casinos Have Not Helped Education Sector As Promised, State Comptroller
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Gaming resorts I the State of Maryland do not support the education sector. This is the firm stand from State Comptroller Mr. Peter Franchot.
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