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The argument for expanded gambling is that the revenues could be used to help relieve Maryland's $1.7 billion budget deficit and to pay for essential services. One look at the Baltimore City School system, once a supposed beneficiary of gambling revenues, and you can clearly see that approach doesn't work. What's more, the lottery was state-run at the time. Now, you can expect an out-of-state entity to reap the majority of gambling revenue. The other problem is where do you put the machines? I don't know anyone who'd want gambling sites in their neighborhoods. Placing the machines at horse racing tracks isn't a good idea either. That will ensure larger purses for horse owners, and less revenue for the state. Ironically, slots get more people to go to race tracks, but not to see the running of the horses.
I am not against preserving the horse racing industry or gambling in general, but I believe there has to be a better way to fix our budget short-fall (higher taxes, better efficiency, and less spending). Horse racing is a rich part of Maryland's heritage, but it isn't a right. If track owners cannot increase attendance at their tracks, it shouldn't be the government's problem to fix. As well, relying on gambling revenue as a stable source of income is stupid and immoral.
Only time will tell what happens with expanded gambling in Maryland, but I'm hoping that there are a majority of legislators in the House and Senate that agree with me.
1 comment:
I agree w/you, except the more taxes bit. I wouldn't volunteer to throw more money into a mismanaged mutual fund, ya know?
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