Caesars wants to run Baltimore casino

Sun reporter Alison Knezevich reports ....

Caesars Entertainment Corp., the world's largest casino operator, applied Friday for the license to run the slot machine parlor proposed for Baltimore, while three developers will compete for the opportunity to run a casino in Western Maryland.

Caesars submitted a bid for a 3,750-machine casino on Russell Street in Baltimore. The location drew another bidder, Baltimore City Casino LLC, but the company did not submit the required $22.5 million initial license fee and is likely to be disqualified, state slots commission Chairman Donald C. Fry said.

There will be more competition for the slots license at Rocky Gap Lodge and Golf Resort in Allegany County. Landow Partners LLC, the Bethesda firm owned by former Democratic state Chairman Nathan Landow; Allegany Entertainment Group and Potts Gaming; and Paragon Project Resources of Dallas, under the name Evitts Resort LLC, submitted bids for that license.

Fry said licenses could be awarded early next year. For now, he said, officials will scrutinize the applications before the slots commission meets next week to ensure they meet minimum requirements.

"We'll have to continue to examine the proposals," he said. "But we're fortunate that the remaining two facilities that have not been awarded licenses now have applications to consider."

Read the full story here.

Copyright © 2017, The Baltimore Sun, a Baltimore Sun Media Group publication | Place an Ad