Maryland gambling enterprises were authorized by voters in 2008 on the grounds that the generated income tax income from legalizing commercial gambling would be primarily used 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 independently owned gaming venues. a further referendum passed in 2012 to add a sixth facility, and permit table games at the gambling enterprises.
State Comptroller Peter Franchot says tax revenue stemming from Maryland casinos isn’t being earmarked since the voter-approved 2008 referendum that is constitutional.
The ’08 amendment posed to residents explained a vote of support ‘authorizes their state to issue up to five video clip lottery licenses for the primary purpose of raising revenue for education of children in public schools, prekindergarten through grade 12, public school construction and improvements, and construction of capital projects at community universities and higher training institutions.’
But approaching nine years since Marylanders backed gambling, Franchot claims the scheme ‘was basically a lie.’
‘It was a crass, cynical effort to dupe people,’ Franchot told Baltimore’s FOX affiliate this week. As comptroller, Franchot is Maryland’s chief monetary offi