Maryland's Gamble On Casinos Pays Off For Treasury | WAMU 88.5 - American University Radio

WAMU 88.5 : News

Filed Under:

Maryland's Gamble On Casinos Pays Off For Treasury

Play associated audio
Of the $800 million that Maryland's casinos brought in, close to $300 million went to education programs.
http://www.flickr.com/photos/59937401@N07/5857806294/
Of the $800 million that Maryland's casinos brought in, close to $300 million went to education programs.

Casinos are bringing in the cash in the state of Maryland—$800 million worth in the last fiscal year.

The state's gaming centers brought in $830 million dollars in fiscal year 2013, to be exact, a 27.5 percent increase from the year before. The money goes to the state's general fund and an education trust fund.

Maryland's four casinos generated $284.3 million for the state's Education Trust Fund, an increase of nearly $190 million compared to the last fiscal year.

Despite the gains in revenue, traditional lottery sales went down slightly. The agency generated nearly $1.8 billion in sales, down about two percent. Traditional lottery sales contributed $545 million to the state's general fund.

Maryland's casinos were allowed to be open for 24 hours this year, after voters approved a ballot question on gambling expansion in November. A new casino is expected to open in Prince George's County in the coming years.

NPR

The Perfect Family Book List

For the holidays, critic Alan Cheuse is making up a list of books to give to each of his family members. Only the best of 2014 for them. Here's his picks.
NPR

Guyanese Christmas Gives A Whole New Meaning To Slow Food

Two classic Christmas dishes beloved by the people of Guyana are pepperpot and garlic pork. To get the flavors just right, you have to cook them and let them sit out for weeks.
NPR

With New Congress, Will Obama Work Differently?

The GOP-led Congress President Obama will have to deal with for the last two years of his presidency is a stark contrast to the Democratic-led one he came in with. Does that mean Obama will change his approach to dealing with Capitol Hill?
NPR

2014 Hashtags: #BringBackOurGirls Made Nigerian Schoolgirls All Of 'Ours'

As part of a series on hashtag activism in 2014, Audie Cornish speaks with Obiageli Ezekwesili of the Open Society Foundation. Ezekwesili was one of the early promoters of the hashtag #bringbackourgirls, about schoolgirls kidnapped in Nigeria in April.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.