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 will be mainly utilized to fund education programs. But that promise, in accordance with 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 privately owned gaming venues. a referendum that is further in 2012 to include a sixth facility, and allow table games at the gambling enterprises.

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

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 intent behind raising revenue for education of children in public schools, prekindergarten through grade 12, public school construction and improvements, and construction of money projects at community universities and higher education institutions.’

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

‘It was a crass, cynical work to dupe people,’ Franchot told Baltimore’s FOX affiliate this week. As comptroller, Franchot is Maryland’s chief offic Continue lendo “Maryland Casinos Don’t Assist Education as Promised, State Comptroller Says”