After having seen in 2008 how certain types of slot machines can negatively affect projected revenue levels, it is no surprise that companies looking to go ahead with slot proposals in
Maryland want some specifics from the state beforehand.
According to a report on baltimoreexaminer.com, potential developers in Maryland want to know the specifics of the state's plans to bring slots to Maryland.
A meeting in regard to the topic took place yesterday at the Maryland State Lottery headquarters in Baltimore. Those in attendance included representatives from Magna Entertainment Corp., the Maryland Jockey Club, Penn National Gaming Inc., Delaware Park and research firm Spectrum Gaming Group.
According to the report, attendees brought up a variety of issues, including what kind of machines would be placed in their facilities. According to the state law authorizing slots, the state will make the final decision on the type of machines, with input from the developers.
"We understand the opinion that for their investment they want the best machines that will attract the most revenue," said Buddy Roogow, director of the Maryland State Lottery. "We understand that, we want the same thing."
Government-run 'Ludoplex' facilities installed in Quebec racetracks recently failed to hit projected revenue levels after safeguarded machines were installed in the gaming areas. The machines have been blamed by many as being one of the main culprits for the current dire state of the horse racing industry in the province.
To read the baltimoreexaminer.com article in its entirety, click here.
(With files from baltimoreexaminer.com)