News in Brief

Despite Gaming Revenues, Md. Districts Face Deficits

Article Tools
  • PrintPrinter-Friendly
  • EmailEmail Article
  • ReprintReprints
  • CommentsComments

Maryland's booming casino industry, despite politicians' promises, has failed to bring in more revenue for local school districts, according to the Baltimore Sun.

The Baltimore school district, for example, faces a $129 million shortfall this year despite the fact that a local casino, the Horseshoe Casino, contributed $200 million to the state's Education Trust Fund. In total, the casino industry has contributed $1.7 billion toward the state's Education Trust Fund since voters approved the casino gambling seven years ago.

Across the country, state politicians often dedicate mineral, cigarette tax, and gambling revenue toward school funds and then, instead of adding to existing education funds, as many voters anticipated, the tax revenue otherwise spent on education ends up plugging other holes in state budgets and cutting taxes.

Vol. 36, Issue 20, Page 4

Published in Print: February 8, 2017, as Despite Gaming Revenues, Md. Districts Face Deficits
Related Stories
Notice: We recently upgraded our comments. (Learn more here.) If you are logged in as a subscriber or registered user and already have a Display Name on, you can post comments. If you do not already have a Display Name, please create one here.
Ground Rules for Posting
We encourage lively debate, but please be respectful of others. Profanity and personal attacks are prohibited. By commenting, you are agreeing to abide by our user agreement.
All comments are public.

Back to Top Back to Top

Most Popular Stories