Update of the Legislators' Guide To Video Lottery Terminal Gambling

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31 Department of Legislative Services Substitution and the Lottery One source of State revenue that would likely decrease, at least theoretically, due to substitution is the State Lottery. Playing the lottery, after all, is a form of gambling, and it is reasonable to expect that Marylanders who currently play the lottery may opt to use those disposable dollars to play VLTs in Maryland. The relationship, however, between the two activities is not clear-cut. DLS estimated in the fiscal note for the 2007 VLT legislation that VLTs, when fully implemented, will cause a permanent reduction in lottery revenues of 10 percent annually versus what is currently forecast. This estimate is based on the experience of other states that have authorized additional gambling and experienced substantial decreases in lottery sales. In addition, for those states where data are available, Maryland has substantially greater lottery operations, measured on both a volume and a per-capita basis. Therefore, it is possible that lottery sales might decrease more sharply than in these other states.
Chapter 6. Cross-border Activity and Substitution Effect 32
Page 1 and 2: Update of the Legislators’ Guide
Page 3 and 4: Contributing Staff J. Ryan Bishop M
Page 6 and 7: Contents Transmittal Letter........
Page 8 and 9: Exhibit 9.1. Thoroughbred Horse Rac
Page 10 and 11: Chapter 1. Overview of Gambling Act
Page 12 and 13: 3 Department of Legislative Service
Page 14 and 15: Chapter 2. Video Lottery Terminal L
Page 20 and 21: Chapter 3. Estimating Video Lottery
Page 22 and 23: 13 Department of Legislative Servic
Page 30 and 31: Chapter 4. Video Lottery Terminals:
Page 32 and 33: STATE Delaware Racetracks (as of Oc
Page 34 and 35: Chapter 5. Distribution of Video Lo
Page 38 and 39: Chapter 6. Cross-border Activity an
Page 42 and 43: Chapter 7. Social Costs and Economi
Page 50 and 51: Introduction Chapter 8. Local Appro
Page 54 and 55: Chapter 9. Overview of Horse Racing
Page 58 and 59: Appendix 1 Much of the comparative
Page 60 and 61: Payout Percentage and Win-per-day D
Page 62 and 63: Racetrack VLT Facilities See the ta
Page 64 and 65: Project Development/Financing All c
Page 66 and 67: Of the amount retained by the racet
Page 68 and 69: Facility VLT: Video Lottery Termina
Page 70 and 71: Economic Impacts (Jobs, Tax Revenue
Page 72 and 73: Ownership/Regulation and State Over
Page 74 and 75: Aggregate Average Daily Gross Termi

Update of the Legislators' Guide To Video Lottery Terminal Gambling

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