ANNAPOLIS, Md. (AP) — Casinos could be able to collect more revenue than currently allowed under the long-awaited details of a bill released Tuesday by Gov. Martin O’Malley’s administration ahead of a special session on gambling.
Maryland’s 67 percent tax rate on casinos is considered unusually high. Under the bill, casinos could get a lower tax rate if they buy or lease expensive slot machines instead of the state and, in some cases, to make up for added competition from a new casino site in Prince George’s County.
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