There would be less money to local jurisdictions that get a percentage of the revenue from their casinos and benefit from the local business and taxes that are generated. It found that from 2019 to 2022, states with iGaming saw in-person revenues decline 8.2% while states without iGaming saw in-person revenues grow 2%, implying a “cannibalization rate” of 10.2%. Legalizing iGaming will reduce Maryland’s brick and mortar casino revenue by 10.2%, according to a report produced by The Innovation Group for the Maryland Lottery. It will undermine the promise of good jobs and economic development that the industry made to Maryland’s voters in 2008. It will harm thousands of Maryland workers who rely on in-person gaming and tips. 28), the expansion of online gambling would eliminate casino jobs and reduce the incentive to invest in or expand Maryland’s casinos.
In addition to contributing to gaming addiction as pointed out in The Baltimore Sun’s recent editorial, “Can elected officials resist the lure of more online betting to balance Md.’s budget?” (Nov. Baltimore Sun eNewspaper Home Page Close Menu
