Maryland gambling enterprises were authorized by voters in 2008 on the grounds that the generated income tax revenue from legalizing commercial gambling is mainly used to fund education programs. But that promise, according to state Comptroller Peter Franchot (D), isn’t being kept.
Fifty-eight percent of voters supported the ballot referendum in 2008 to amend hawaii’s constitution and legalize slot machines at five privately owned video gaming venues. a referendum that is further in 2012 to incorporate a sixth facility, and permit table games at the casinos.
State Comptroller Peter Franchot says tax revenue stemming from Maryland casinos isn’t being earmarked whilst the voter-approved 2008 constitutional referendum dictated.
The ’08 amendment posed to residents explained a vote of support ‘authorizes the State to issue up to five video clip lottery licenses for the primary reason for 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 colleges and higher education institutions.’
But approaching nine years since Marylanders backed gambling, Franchot states the scheme ‘was basically a lie.’
‘It was a crass, cynical work to dupe individuals,’ Franchot told Baltimore’s FOX affiliate this week. As comptroller, Franchot is Maryland’s chief officer that is financial responsib