Maryland Casino Operators Could Pay 70 Percent in Taxes

The price of running a casino with slot machines in Maryland could become very pricey, as the Governor of the state, Martin O’Malley, has released his plan for allowing the legalization of slots in Maryland. The Governors plan would call for 70 percent of the gross gaming revenue to the government, and they would in turn distribute the money among education, the horse racing industry, and money would go to refurbishing tracks and to breeders. Of the 30 percent that the casino operators would keep, they would still have to…

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