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Slots Opponents Criticize Revenue Projections
posted 11:26 am Thu May 15, 2008 - ANNAPOLIS, Md.
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A group opposing slot machines in Maryland says the state's plan for slots won't raise as much money as supporters claim. StopSlotsMaryland says the proposal that will be put to a referendum in November isn't as financially beneficial as a plan that was floated in 2002. The group also says the region's gambling market has become saturated with expanded gambling, creating more competition for gamblers' dollars. But the head of a pro-slots group says the estimates are based on non-partisan state fiscal analysts. Slots supporters, including Governor Martin O'Malley, say the slots revenue is needed to fill state revenue gaps to avoid tax increases and spending cuts.
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