Maryland Casinos Don’t Help Education as Promised, State Comptroller Says

Maryland Casinos Don’t Help Education as Promised, State Comptroller Says

Maryland casinos were authorized by voters in 2008 on the grounds that the tax that is generated from legalizing commercial gambling could be mainly utilized to fund education programs. But that promise, based on 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 independently 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 while 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 universities and higher training institutions.’

But approaching nine years since Marylanders backed gambling, Franchot says the scheme ‘was fundamentally 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 officer that is financial accountable for coll Continuar lendo Maryland Casinos Don’t Help Education as Promised, State Comptroller Says

NBA Finals Odds Heavily in Golden State’s Favor After Effortless Game One

NBA Finals Odds Heavily in Golden State’s Favor After Effortless Game One

If the NBA Finals odds in Las Vegas are correct, this show can be as good as over. Following a rout that is 22-point the Golden State Warriors in game one on the Cleveland Cavaliers, bettors are operating from the defending champs at Nevada sportsbooks.

Kevin Durant and the Warriors took care of business on night, and the NBA Finals odds say the series is now a slam dunk for Golden State thursday.

Before Thursday night’s opening matchup in the best-of-seven series that may last only four, the Westgate SuperBook had the Warriors at -240 to win the title, therefore the Cavs the underdog at +200.

In the wake of the 113-91 blowout, that line has moved to Golden State (-700), Cleveland (+500).

That means a $100 wager regarding the Warriors returns a paltry $14.29 if the Bay Area team wins. The same bet on the Cavs nets the bettor $500 in the event that underdogs can get their work together, stop turning over the ball, rebound, and upset the favorites.

Few think LeBron James and the Cavs can, though the champs have reason to stay optimistic, because they came straight back from a 3-1 deficit this time a year ago.

‘We know we are capable of playing a lot better,’ James stated after the game. ‘We didn’t play because well we enjoy the next one. even as we understand we’re effective at, so’

The SuperBook has the Warriors spotting the Cavs nine points in the spread for game two.

Sweep Chances Shorten

The Warriors Continuar lendo NBA Finals Odds Heavily in Golden State’s Favor After Effortless Game One

Negotiators from both chambers met Wednesday to try to thrash a compromise out on their diametrically opposed positions before the May 5 deadline.



Tribe Takes on Texas in Bingo Parlor Fight

Negotiators from both chambers met Wednesday to try to thrash a compromise out on their diametrically opposed positions before the May 5 deadline. Both bills seek to bring an end to protracted compact negotiations between the state and the Seminole tribe, which owns the Hard Rock Resort brand and operates seven casinos in Florida.

The home has proposed offering the tribe nothing new in exchange for payments to the continuing state totaling $3 billion throughout the next seven years. The Senate bill is a wide-ranging gambling expansion package that would charge the Seminoles similar charge on the same timeline but also for the straight to offer craps and roulette, as well as the blackjack games permitted under the terms regarding the past lightweight.

Meanwhile, the straight to offer blackjack would expand to parimutuel venues, while slots could be permitted in a few states.

Huge House Compromise

But it seems that the House was the first to blink on Wednesday, setting forth several compromise proposals, including one which will allow one new casino in Miami-Dade and grant the Seminoles extra exclusivity on craps and roulette at their seven casinos. that is existing.

Also in the table had been a proposal that allows a cut into the slot machine tax for Seminoles and pari-mutuels if they, in turn, agree to cut the true number of slot machines.

These are some pretty concessions that are big considering that the House originally Continuar lendo Negotiators from both chambers met Wednesday to try to thrash a compromise out on their diametrically opposed positions before the May 5 deadline.