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Sunday, January 22, 2012

Maryland's Race to the Bottom

Bereft of sensible ideas for economic development, keep watching Maryland's escalation of Predatory Gambling to reward their partners, the Gambling Industry, with taxpayer funded giveaways.

Md. lawmakers look to ease opposition to slots in Prince George’s
By John Wagner

In a bid to ease opposition to a new slots site in Prince George’s County, Maryland lawmakers are crafting legislation that contains several sweeteners for the state’s other casinos, which stand to lose business if a new location opens.

The bill, as described by Senate President Thomas V. Mike Miller Jr., would increase the share of proceeds that casino operators are allowed to keep and would authorize the addition of Las Vegas-style table games, such as blackjack and roulette. Miller (D-Calvert) said
operators might be able to keep all proceeds from those new offerings.

The bill taking shape will be the opening gambit in what is expected to be a session-long debate over the future of gambling in the state. As Maryland has struggled to open five casinos authorized by voters in 2008, surrounding states have taken steps to make their programs more lucrative.

The bill that Miller described calls for competitive bids for a sixth slots site to be located in a small swath of western Prince George’s that includes Rosecroft Raceway and National Harbor. A portion of the proceeds from the new casino would be earmarked for a new hospital system in the county.

Miller said the legislation would net more revenue for the state and make Maryland more competitive with West Virginia, Delaware and Pennsylvania, which he said are “eating our lunch daily.”

A week into the 90-day legislative session, however, such a bill still faces a complicated path to passage, particularly in the House of Delegates.

House Speaker Michael E. Busch (D-Anne Arundel) said Friday that he would wait to see what the Senate produces before assessing whether there is the “appetite” in his chamber to delve into the issue.

County Executive Rushern L. Baker III (D) has asked lawmakers from Prince George’s to “keep an open mind” on this issue, citing the potential revenue that gambling could yield for the hospital and other priorities.

But Del. Melony G. Griffith (D-Prince George’s) said Friday that lawmakers from her county remain divided over hosting a casino and have had no formal discussions about the prospect.

“Should a bill get traction, we will have to have that conversation,” said Griffith, who is chairwoman of the county’s House delegation.

Meanwhile, the developer of the state’s largest authorized slots casino — scheduled to open in June at Arundel Mills mall — remains adamantly opposed to new competition.

Asked this week whether he could envision any concessions from the state that would make a Prince George’s location acceptable, Joe Weinberg, a principal with Cordish Cos., initially offered a one-word response.

“NO!” Weinberg said in an interview conducted by e-mail.

“The fairest policy for all is to allow the existing sites to get up and operating and stabilized, and if table games are to be added, to do so only at the already approved sites,” Weinberg later said.

Of the five previously authorized slots locations in Maryland, the Cordish facility in Anne Arundel County would likely be hurt the most by a casino in Prince George’s.

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