Summer, 2008

SLOTS

Dear Friends:

My opposition to slots has remained unchanged through the years. Past surveys of District 17 constituents have shown that they are opposed to this proposition as well. 

One aspect of the slots proposal that especially bothers me is how much of the revenue will be going to certain groups. The table below illustrates my concerns. It is a breakdown of how the money will be split.

($ are in millions) FY 2011 FY 2012 FY 2013
TOTAL ANNUAL GROSS $156.5 $1,019.1 $1,361.6*
Education Trust Fund 75.9 494.3 660.4
Licensees (slots owners) 51.7 336.3 449.3
Purses (prize money) 11.0 71.3 95.3
Local Governments (with slots) 8.6 56.0 74.9
Racetrack Renewal 3.9 25.5 34.0
Lottery Operations (admin. costs) 3.1 20.4 27.2
Minority Business Investment 2.3 15.3 20.4


*FY2013 total for Maryland's benefit:               $755.7 million

*FY2013 total for owners, race tracks, costs:     $605.8 million

Before we vote on an issue that will have such a dramatic impact on our lives in Maryland, we need to be as well informed as possible. To that end, I am including links to recent news stories on this topic below.  I hope you can look them over

Sincerely,

A simple, honest version of the slots referendum
http://www.baltimoresun.com/business/bal-bz.hancock27aug27,0,6491539.column

Potential Sites for Slots
http://www.washingtonpost.com/wp-srv/metro/interactives/mdslots/?sid=ST2008072602075
(The above link is a map of the locations and links to The Sun's array of facts on the slots referendum).

Informal Survey in MoCo Shows Anti-Slots Sentiment
http://voices.washingtonpost.com/annapolis/2008/08/informal_survey_in_moco_shows.html

MoCo Leader Goes For Gold On Slots
http://voices.washingtonpost.com/rawfisher/2008/08/moco_leader_goes_for_gold_on_s.html

SLOTS REFERENDUM - Opponents Criticize Wording of Measure
http://www.washingtonpost.com/wp-dyn/content/article/2008/08/1AR2008081802309.html

Slots Foes to Offer Alternative Ballot
http://www.washingtonpost.com/wp-dyn/content/article/2008/08/27/AR2008082703737.html

Cecil residents split on prospect of slots
The promise of an economic boost is appealing, but Perryville has been down that road before
http://www.baltimoresun.com/news/local/bal-slots0902,0,1554513,print.story

To OC, slots present threat, opportunity
Would parlor at nearby harness track lure away visitors or stimulate business?
http://www.baltimoresun.com/business/bal-te.md.slots17aug17002019,0,2141972.story

Big Potential, Questions for a Venue at Laurel Park

http://www.washingtonpost.com/wp-dyn/content/article/2008/08/09/AR2008080901768.htm

Md. Gambling Could Mean Jackpot for Remote Resort

http://www.washingtonpost.com/wp-dyn/content/article/2008/07/26/AR2008072601756.htm

Both Sides of Md. Slot Debate Cite Economy - Recent Slowdown Causes Uncertainty

http://www.washingtonpost.com/wp-dyn/content/article/2008/07/13/AR2008071301797.html

 

To be removed from this newsletter distribution list, please click here.
I want to hear from you, please click here to send me your ideas and opinions.