Caesars, Peterson pour more cash into casino campaign

October 01, 2012|By Michael Dresser, The Baltimore Sun

The license holder for the planned Baltimore casino and the developer of National Harbor have stepped up their spending on their ad blitz in favor of expanded gambling, raising the stakes by about $3 million.

The new infusion brings the total outlay on both sides to more than $32 million -- closing in on the $34 million record for Maryland political spending set in the 2006 gubernatorial election.

With its latest contribution of about $1.2 million, CBAC Gaming -- the Caesars Entertainment affiliate that plans to open a Harrah's casino near M&T Bank Stadium -- has increased its spending to $3.4 million. Caesars is strongly in favor of the provision of Question 7 that would allow table games in addition to the slot machines permitted under the current law.

Meanwhile, Peterson Cos. has added another $800,000 to the effort to win approval of a Prince George's County casino -- for which National Harbor is the leading contender. The new spending brings the Virginia-based developer's total to $1.25 million.

MGM Entertainment, the prospective operator of a National Harbor casino,  has put up almost $11.5 million.

The latest contributions by the proponents don't quite keep up with the spending on the opposing side. Last Friday, Penn National Gaming disclosed that it was putting up another $5 million to bring the spending on the no side to $18 million.

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