Financing Strategically

Gambling is playing a game of chance for money or other stakes. States have designated funds from gambling opportunities for early childhood:

  • Louisiana lawmakers passed a sports betting bill in June 2021. When sports betting starts generating money for the state, 25 percent of the revenue (up to $20 million) will go to early learning programs for children. .[25]
  • Missouri uses a portion of riverboat gambling fees to fund early care and education services. Missouri considers these fees levied on gamblers and not gambling proceeds.[26]
  • Maryland collects gambling fees that go into the Maryland Education Trust Fund. These funds are used to support prekindergarten programs as well as K–12 systems.[27]
 

[26] Missouri Gaming Commission. (n.d.). Missouri Gaming Commission homepage [Web page]. Retrieved from http://www.mgc.dps.mo.gov/.

[27] Maryland Lottery and Gaming Control Agency. (n.d.). Where the money goes [Web page]. Retrieved from https://www.mdgaming.com/marylands-casinos/revenue-reports/where-the-money-goes/.