Gambling in maryland and beyond what to know
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Gambling in Maryland and Beyond: What to Know. Dr. James Karmel Harford Community College [email protected] November 2013. Macau casinos. Indian casinos in California. Foxwoods Resort, Connecticut; Pequot-owned Indian casino. Maryland Casinos.

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Gambling in Maryland and Beyond: What to Know

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Gambling in Maryland and Beyond: What to Know

Dr. James Karmel

Harford Community College

[email protected]

November 2013


Macau casinos

Indian casinos in California


Foxwoods Resort, Connecticut; Pequot-owned Indian casino


Maryland Casinos

  • 1943-1968: legalized slots operated in five southern MD counties

  • 2007 - Maryland Assembly sets VLT tax is set at 67%, 2nd highest in US

  • 2008 – MD voters approve five casinos (VLTs only)

  • 2012 – Maryland Assembly lowers VLT tax for casinos, adds table games at 20% tax

  • 2012- MD voters approve addition of table games & 6th casino in state

  • 2013- Maryland Live! (at Arundel Mills Mall) becomes most lucrative casino in mid-Atlantic market (MD, DE, PA, NJ)

  • 2014-2016: Maryland will reach voter-approved threshold of six casinos around state


2008, 2012: Maryland voters approve six casinos & table games

Anne Arundel County

Rocky Gap State Park

Cecil County

Baltimore City

Prince George’s County

Worcester County (Ocean City area)


live chicken tic-tac-toe-

Mt. Airy Casino (2009)


Robert Hannum, “Casino Mathematics”

http://gaming.unlv.edu/casinomath.html, accessed 13 Nov. 2013


THEO (Theoretical Loss)=average bet X hours played X decisions per hour X house advantage


THEO example for average blackjack player


Forum Shops, Caesar’s Palace, Las Vegas


Installing security cameras at Maryland Live!


Keith Taft & his wearable Blackjack computer from the 1970s


online gambling


Gambling in Maryland and Beyond: What to Know

Dr. James Karmel

Harford Community College

[email protected]

November 2013


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