Maryland gambling expansion may be nixed after all

Published reports are indicating that there may be no Special Session next month for the Maryland General Assembly to address casino gambling, as a lack of consensus among an eleven-member gaming workgroup has apparently thwarted progress. Without a Special Session being held, there is no way for the expansion of gambling to be placed on the 2012 ballot.

The standoff seems to center on the percentage of proceeds which would go to the state. Under current regulations, casino owners only get to keep 33 percent of the amount collected. William Rickman, owner of the Ocean Downs casino outside Ocean City, claimed that he needed a 45 percent take to “only limp by” as the casino lost $2.5 million in its first year of operation.

(continued at Examiner.com…)

One thought on “Maryland gambling expansion may be nixed after all”

  1. Greedy-ass Maryland took 14 million in revenue from Ocean Downs. As a result, they lost 2.5 million last year. We really are reaching the beginning of the end here, don’t you agree Michael?

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