NEWS
By Laura Smitherman | November 13, 2009
Maryland slots commissioners signaled Thursday that they are prepared to approve a license for a casino near Arundel Mills mall, a project that would be the state's largest gambling venue but has drawn residential opposition. After a rosy economic assessment of the 4,750-machine casino proposed by Baltimore developer Cordish Cos., commissioners briefly entertained a motion to approve the license before tabling it. Commission Chairman Donald C. Fry cited the absence of two commissioners and said he would schedule a vote soon.
NEWS
By JEAN MARBELLA | October 25, 2009
Let me see if I have this right: We have a county that is rebuffing a deep-pocketed, known-quantity developer who wants to open a slots parlor at one of its malls, and we have a city basically rolling out the red carpet and handing the keys to its proposed casino to a group with ill-defined membership and even less clear financing. By now, at this point in Maryland's endless ordeal by slots, I guess I shouldn't be surprised by the latest developments, which are threatening to derail the state's two largest slots venues, in Anne Arundel County and Baltimore City, and thus the entire slots initiative.
NEWS
By Julie Bykowicz | October 22, 2009
Commissioners handing out Maryland's slots licenses expressed grave concerns Wednesday about the proposals for lucrative gambling casinos in Baltimore and Anne Arundel County - and said they might toss out those applications if questions can't be resolved quickly. The panel made some progress Wednesday, granting a license for a 1,500-machine facility in Cecil County. But it also set a Dec. 17 deadline for issues to be resolved with the Arundel and Baltimore bids. Members of the slots licensing panel said they are frustrated that they can't award the Arundel license because a divided seven-member County Council has been slow to approve the zoning change needed for a 4,750-machine facility that would rise near Arundel Mills mall.
NEWS
By Annie Linskey | October 21, 2009
Baltimore's spending panel is expected to approve a pair of land deals with prospective casino owners today that could fulfill Mayor Sheila Dixon's pledge to lower city property taxes. Under the agreement, the city would extend a 75-year lease for a Russell Street parcel to Baltimore City Entertainment Group to build a slots parlor, and enter into an unusual profit-sharing arrangement: The city would get 2.99 percent of the gross gambling revenue as rent. Also, the city would sell the casino owners three nearby plots that would immediately begin generating $3.2 million in annual property taxes.
NEWS
By MICHELLE DEAL-ZIMMERMAN | September 13, 2009
It's been a busy summer and in less than 10 days, fall takes over with foliage tours, wine trails and scenic hikes. Here's a quick wrap up and a look ahead to autumn: JetBlue lands at BWI. Last Wednesday marked the beginning of the airfare wars for the Baltimore-to-Boston route. Three major low-cost carriers are now battling for your buck. If you visit Boston often, then you're in luck. Round-trip fares from BWI to Boston have dropped as low as $39. (Last week, JetBlue ran a one-day sale with midweek flights $9 each way.)
NEWS
By Edward Gunts | August 27, 2009
Outside, Baltimore's proposed casino would have an industrial look inspired by old warehouses in the surrounding area and a shop-lined pedestrian zone reminiscent of the Eutaw Street promenade at Oriole Park. Inside, it would have "neighborhoods" filled with slot machines; a 400-seat buffet-style restaurant that would turn into a nightclub in the evening; a 120-seat "chop house" and a 100-seat main bar. Designed to hold up to 5,000 people at a time, it would be open from 8 a.m. to 2 a.m, seven days a week.
NEWS
By Annie Linskey | August 26, 2009
The development team hoping to build a casino in Baltimore plans to construct a two-story slots parlor on Russell Street that could accommodate 5,000 gamblers, according to a preliminary design unveiled at a community meeting Tuesday. The plan calls for construction of a five-story, 2,500-space parking garage, according to members of Baltimore City Entertainment Group, which applied for Baltimore's video lottery terminal license, one of five available statewide. The $50 million garage would be financed through city-issued parking revenue bonds that developers would repay with gambling profits.
NEWS
By Annie Linskey and Laura Smitherman | August 14, 2009
An expanded and relocated Baltimore casino on bustling Russell Street is expected to significantly boost the project's profits, and inject new momentum into the state's slots program, which to date has fallen below expectations. Baltimore's developers are vowing to build the state's first slot-machine parlor, which will be several times larger than their original proposal and which, according to gambling industry analysts, likely will draw a wider clientele with an improved downtown location.
NEWS
By a Baltimore Sun reporter | August 7, 2009
A Maryland developer would abandon plans to build a $250 million sports themed office and recreation park called Gateway South, and Baltimore's only slots casino would be constructed on the land instead if city and state officials approve the change. The Baltimore Development Corp. is drafting a memorandum of understanding that gives control of an 11-acre, city-owned parcel south of M&T Bank Stadium, to Baltimore City Entertainment Group, one of four bidders for slot machine licenses in Maryland and the only group seeking to build a slots facility in downtown.
NEWS
By Laura Smitherman | June 10, 2009
Lawyers for the Laurel Park racetrack asked Maryland's highest court Tuesday to restore its disqualified proposal for a slots casino license, suggesting the state would be better off restarting a bidding process that has fallen short of expectations. A slots license selection commission tossed out a bid from Laurel Racing Association in February because the company didn't submit the $28.5 million in mandatory licensing fees. A legal team for the track argued in the Court of Appeals that the company was concerned that there was no guarantee it would get the money back if it didn't win a license.