I have recently spent a lot of time focusing on how New Jersey will adjust to the new market in the northeast, but the same question still stands for every other state in the region. The only state that seems to be sitting pretty during this time of change is Pennsylvania, but that cannot last forever. When Atlantic City was top dog in the area, there were no close competitors. Right now, while Pennsylvania is number one in the region, there are states like New York and New Jersey that are not too far behind. Maryland has not been the strongest example of how to implement a new gambling program, but the state is on the verge of making some big time changes that might make its casinos a bigger competitor in the region.
It did not take some top gambling analyst to show Maryland that the plan it had in the works was not going to fly. The state has the highest gambling tax on slot machines and the least enticing casino locations. It is expected this week and I think highly likely that Maryland Governor Martin O’Malley will announce a special legislative session to pass a plan that will give the Maryland gambling industry a dramatic makeover. Two of the most important changes it that the new plan will introduce table games to the region and it will also lower taxes on the casinos to something far more reasonable. Maryland is competing in a very different gambling scene from when they legalized slot machines in 2008.