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Panel of senators supports gambling expansion in Maryland March 26, 2012 9:50 AM by Staff & Wire Reports

A panel of state Senators is supporting legislation to expand gambling in Maryland.

The Budget and Taxation Committee voted 10-2 Friday afternoon to move the bill to the full Senate.

The proposal would create a sixth Maryland license for a slot machine parlor to be built in Prince George’s County and legalize table games at that location and the state’s five other slots sites.

It would also increase the share of revenue casino operators keep and relieve the state of an obligation to buy slot machines, which has proved to be an ineffective expense.

If the legislature passes the bill it will have to be ratified by a majority of Maryland voters.

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Money laundering concern officials in CanadaGAMBLING ACTIVITIES

Money laundering concern officials in Canada

Recently, Chinese officials have been emphasizing the need to scrutinize gambling activities in Macau to be sure money laundering is not taking place. This has prompted the various Macau casino operators to increase their vigilance regarding the illegal activity.

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