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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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Casino Industry

Scientific Games closes Bally Tech purchase$5.1 BILLION BUYOUT

Scientific Games closes Bally Tech. purchase

Scientific Games Corporation (SGMS), a company that operated primarily in the horse racing business as a provider of ticket-issuing machines under the banner of Autotote before it merged with America’s largest lottery company, became a major player in the casino business on Friday with its merger with Bally Technologies Inc. (BYI).

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