Gov. Martin O’Malley’s legislation would create several changes in Maryland’s gambling market, including:
>> Allow a 3,000-slot casino in Prince George’s, but only if a majority of voters statewide and a majority of Prince George’s County voters approve the measure.
>> Set the opening date of the Prince George’s casino no sooner than July 1, 2016 or 30 months after a Baltimore City casino opens.
>> Authorize table games at all existing casinos sites and a temporary Prince George’s site with a 20 percent tax rate — 5 percent for local jurisdictions and 15 percent for the state’s Education Trust Fund.
>> Allow casinos to stay open 24 hours a day.
>> Give casinos in Anne Arundel County and Baltimore an additional 5 percent of slots revenues, which could only be spent on marketing and promotional efforts to keep the casinos competitive, once a Prince George’s casino opens.
>> Authorize the gaming commission to increase operator revenues at Anne Arundel and Baltimore an additional 5 percent if a casino is struggling.
