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County Finance Director Talks Slots Revenue

December 18th, 2017 by WCBC Radio

Allegany County Finance Director Jason Bennett has informed the county commissioners that almost a half a million dollars in slots revenue from the Rocky Gap Casino Resort is available for local nonprofits and municipalities to apply for.  During a brief presentation on the annual slots allocations- Bennett said a  variety of community initiatives are continuing  to benefit from the 3.75 percent of gross slots proceeds given to the county each year from video lottery terminals located at the casino- however there have been some changes mandated by the state. A bill passed during the 2017 General Assembly session l now requires officials to give 20 percent of slots revenue to area nonprofits and municipalities for capital projects. He says the recommendations come from the Local Development Council- and he detailed the breakdown of how the $2.2 million will be distributed…

  

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