Oct 6, 2008 4:47 pm US/Eastern
W. Md. County Expects Gambling Revenue Dip
CUMBERLAND, Md. (AP) ―
Allegany County's gaming administrator is predicting up to a 30 percent drop in local gambling revenue due to Maryland's new ban on slot machine look-alikes.
Gerald Joy says the law that took effect July 1 has resulted in a 30 percent decline in revenue from licensing fees and taxes on locally regulated games of chance.
He says the county will have difficulty matching the nearly $730,000 in gambling revenue it collected last fiscal year to benefit schools and fire-and-rescue companies.
The new law bans video gambling machines except those that dispense paper pull tabs that must be opened manually.
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