Maryland Casinos are Pumping Out Billions for Education. So Why are There School Budget Deficits?
January 23, 2017
In the seven years since the first of Maryland’s six casinos opened, they have pumped $1.7 billion into the state’s Education Trust Fund — the financial windfall that advocates for gambling promised would go to the state’s public schools.
But over that time, casino funds have not gone to bolster school budgets more than what the state was already required to spend — and some jurisdictions, including Baltimore, have suffered funding cuts.