Maryland Moment – Breaking ground, throwing dice
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Gambling opens door to full-fledged casinos in Maryland
ANNAPOLIS — Once reluctant to embrace large-scale gambling, Maryland is now on track to potentially become a major casino state on the East Coast, after voters decided to allow Las Vegas-style table games at six casinos, including one next to the nation’s capital. At first, Maryland lawmakers were leery of full-fledged casinos. In 2007, after […]
Ballot battles rife with rhetoric
As an unprecedented stream of early voters finished having their say late last week, partisans on both sides of an equally unprecedented pool of state ballot initiatives struck out on last-gasp tours to stoke or stem support for Maryland’s quartet of controversial referenda.
Board of Estimates approves casino ground lease agreement
Baltimore’s Board of Estimates approved a land disposition agreement and ground lease for a new casino on the outskirts of the city near M&T Bank Stadium Wednesday that guarantees $11.2 million for the city in the first year.
Eye on Annapolis: Casino campaign spending surpasses $50 million
Spending to influence Maryland’s referendum that would expand casino gambling has exceeded $50 million, according to state campaign finance records. Proponents have retaken the lead in the money race, with MGM Resorts International Inc., which is angling to build a casino at National Harbor, adding $3 million to the cause. CBAC Gaming LLC — led […]
Editorial: Make city casino design welcome site
Thank you, UDARP, for sending the newly designated operators of Baltimore’s planned casino back to the drawing board to produce a design for the $310 million facility more in keeping with its locale and a larger mission to help transform the southern entrance to downtown.
Week in review – 8/3/12
Caesars OK’d for casino A state commission on Tuesday approved a slot machine license for Caesars Entertainment to build a casino in Baltimore. The unanimous vote for the Baltimore casino grants the fifth and final casino license allowed under state law. It came more than 3½ years after voters approved a constitutional amendment to allow […]
Panel approves Baltimore casino license
ANNAPOLIS — A state commission on Tuesday approved a slot machine license for Caesars Entertainment to build a casino in Baltimore, and the panel signed off on a scaled-back proposal for a casino in Western Maryland where developers could not find financing for their initial plan. The unanimous vote for the Baltimore casino grants the […]
Evitts scales back Rocky Gap slots proposal
ANNAPOLIS — A planned $65-million casino in western Maryland will be scaled back from 850 slot machines to 500 without a proposed building expansion at the Rocky Gap Lodge and Golf Resort due to trouble finding financing, the company leading the effort said Tuesday. Tim Cope, president of Evitts Resort LLC, told a state slot […]
State panel to meet on Baltimore casino proposal
ANNAPOLIS — A Maryland panel is set to consider a decision on whether to grant a license for a proposed casino in Baltimore. The Maryland Video Lottery Facility Location Commission is scheduled to meet Tuesday afternoon in Annapolis to take up the proposal by Caesars Entertainment. Maryland voters approved a constitutional amendment in 2008 allowing […]
Panel to consider Rocky Gap slots license
ANNAPOLIS — A Maryland commission is scheduled to consider granting a slot machines license for a casino at Rocky Gap State Park. The state’s Video Lottery Facility Location Commission is set to consider the proposal on Thursday in Annapolis. Evitts Resort LLC is proposing a casino with 850 slot machines. So far, Maryland has opened […]
Caesars Entertainment restarts IPO plans
NEW YORK — Caesars Entertainment Corp., one of the world’s biggest casino companies, is restarting its plans to go public a year after it canceled its initial public offering. The announcement comes as the IPO market is beginning to heat up again. While the stock market’s volatility in recent months dampened IPO buzz, the November […]