Study: Prince George's Casino Would Boost Md. Gambling Revenue
An analysis released Tuesday challenged the claim that a National Harbor casino would undermine other Maryland facilities.
Gambling revenues would go up some $246 million statewide if Maryland were to issue a license for a casino in Prince George's County, according to a study released Tuesday.
The analysis, conducted by PricewaterhouseCoopers and the Department of Legislative Services, was presented to a group of lawmakers in Annapolis, the Washington Examiner reports.
The study also found that a plan incorporating both table games and a Prince George's casino could bolster profits by 20 percent at Arundel Mills' Maryland Live! casino and as much as 30 percent at a future slots facility in Baltimore.
Some elected officials and competing developers have charged that building a casino at National Harbor would eat into their revenue streams.
Michael B. Cron
8:59 am on Wednesday, June 13, 2012
The one of the things that building more casino locations would do is to give Maryland and DC citizens who do not have their own transportation the accessibility needed to give their hard earned money away. Maryland and DC taxes will never go down regardless of how much gambling profits subsidize the state's dwindling tax base. When someone loses money, someone else's bank account increases. I am sure this study was paid for by advocates for gambling. This was a waste of money because regardless of the study, casinos will continue to be built all over the state. I feel sorry for all of the residents and businesses of Hanover who are now inconvenienced due to the traffic nightmare that has been created by Maryland's new "wondrous" casino.