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Tag Archives: the peterson cos

In casino bid, MGM holds stronger hand

MGM’s proposed casino at National Harbor was described by one expert as a site with ‘impeccable’ economics because of its proximity to Virginia and the District of Columbia, two jurisdictions unlikely to ever permit gambling.

When final bids are turned in for Prince George’s County’s casino Friday, what’s at stake in the ensuing months-long competition will be the right to operate what many expect will become the top casino on the Eastern Seaboard.

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MGM adds about $8 million to gambling campaign account

Supporters and opponents of expanding gambling in Maryland have combined to put $65.4 million into campaign accounts, according to the most recent campaign finance filing with the Maryland State Board of Elections.

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Penn National spends another $4 million

A day after proponents of Maryland's casino gambling expansion surpassed the spending of lone dissenter Penn National Gaming Inc., the Pennsylvania-based gambling company ponied up another $4 million to stop the expansion.

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Senate President says Penn National will spend $40 million to fight gambling expansion

Senate President Thomas V. Mike Miller Jr. said Penn National will more than double the $18 million it has already committed to defeating Question Seven, which would allow a casino in Prince George's County and table games at every Maryland casino.

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Disney pulls out of National Harbor development

The Walt Disney Co. has scrapped plans for a 500-room resort hotel that would have added another marquee name to the National Harbor development in Prince George’s County. The entertainment giant made the announcement late Friday and on Monday, the ...

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