Maryland Might Want to Change Their Tune

Maryland has fought for years to get slot machines into their state. They say that the amount of money that will come in will be in the hundreds of millions and they want to see their state start doing as well as everyone else seems to be doing. They approved 15,000 slot machines to come in and now they are ready to start making money. However, they are having a hard time making that dream a reality.
 
Residents say that due to legal issues, taxes and fees that were set too high and political tampering and corruption, there is no clear date in sight for the slot machines to be up and running. Now a race track is taking the state to court because they have been rejected for a slot machine license. Magna Entertainment had applied for one of the state’s slot machine licenses because they did not pay the $28.5 licensing fee.
 
The state says that if you want the slot machines you will pay the fee, but Magna says that since the fee was not refundable they were not going to pay it. They say that if they had not gotten the slot machine license the state would have kept their money. This is just one complaint from the various companies that are looking to get to run the slot machines. They say that the taxes and fees are way too high and that the state is looking to make money off of the companies instead of the slot machines themselves.

They also argue that the numbers that the state has put forth are not clear or correct. They argue that in this economy and with so many other neighboring states adding slot machines that they cannot guarantee them the amount of money that they say the slot machines will actually make.

Back to Monthly Archive // Main Slot Machine News Index