Maryland Says Yes to Slot Machines

They said it couldn’t be done – but it was. Slot machines are now legal in Maryland, a state in which many said that would not happen. The state is thrilled as they say that they needed the money in order to survive the economic crisis that they and every other state are facing, and this will definitely help with that.

More than 61% of voters decided that slot machines at Rocky Gap State Park would be a good idea, and because of that roughly 15,000 slot machines will be moved into there and four other locations across the state.

The Chamber of Commerce says that it isn’t just about the money that will come in as a direct result of the slot machines; it is also about the amount of tourism that will be coming in as well. As people come in to play the slot machines they will find themselves spending money in other areas as well. They say that it will be a boon to the state’s overall economy.

Initial reports say that by 2013 the slot machines could generate $660 million each year for the state’s coffers. Plus they could be looking at an immediate $90 million from the sale of licenses. Some were afraid that by bringing them in so close to West Virginia’s Charles Town Races and Slots that the competition will have to decide which slot machine casino to go to.

However, Penn National says that they supported the move for Maryland to bring in slot machines, and that they would like to be considered for an approved site in Cecil County.

 

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