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Maryland Board Approves Money For Slots

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Maryland's board of public works is moving forward with a lease for what will be the state's largest casino. The state will pay $168 million to lease approximately 4,700 slot machines in Anne Arundel County.  The board approved the move in a 2-1 vote today.

Comptroller Peter Franchot says he opposes the plan because he doesn't think slot machine gambling is a part of the solution to Maryland's fiscal challenges. He says it's a predatory scheme to separate working people from money they can't afford to lose, while taxpayers pay for the machines.

Gov. Martin O'Malley and Treasurer Nancy Kopp supported leasing the machines.

Maryland already has spent approximately $99 million to buy slots at a casino in Perryville and at the Ocean Downs horseracing track in Berlin.

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