There is no contingency placed on how the money is spent.Ī total of 1 percent of the slot revenues and 1 percent of the table games goes to the host county, in this case Oxford County, specifically for “costs related to gaming.” That restriction is not as strict as it would appear on the surface, said Oxford County Administrator Scott Cole.Ī total of 25 percent of the slot machine revenues and 10 percent of the table games from the Oxford Casino goes to the Department of Education for kindergarten through grade 12 public schools. The board divvies up the money in a so-called “cascade of revenue” in amounts specified by the referendum among various entities including 2 percent of the net slot machine revenues and an additional 2 percent from table games that goes to the host municipality Oxford. The Board also licenses the companies that sell associated equipment to the slot and casino operator(s). The five-member Gambling Control Board is responsible for the licensing, regulating and inspection of the corporations, people and machines that operate slot facilities and the state’s two casinos - in Oxford and Bangor. Local officials say the Casino money has been crucial to the financial success of the town of Oxford and Oxford County not only to offset direct impacts from the Casino but also as a way to reduce the tax burden on property owners.Īccording to the referendum that set up the Oxford Casino, 46 percent of net slot machine income and 16 percent of net table game income goes to the state through the Maine Gambling Control Board. The Casino also came with investment costs to the town, including the development of sewer and water systems to support the Casino and its possible future expansion, plus related business growth in town. It was then, and is still, seen as the largest economic catalyst in the region - creating jobs, expanding existing businesses and opening new ones, including the construction of a $15 million Hampton Inn directly across the street and now construction of a $25 million hotel on the Casino premises. In 2010, voters across the state approved the expansion of gambling in Maine and in summer 2012 the Oxford Casino on Route 26 in Oxford was opened. “There is no easy way to tell where money from the Casino funds is spent exactly,” said Town Manager Becky Lippincott. The answer to that question is not as simple as it would seem.

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