Local News
11:35 am
Fri January 23, 2015

Delaware Panel Recommends $46 Million Casino Bailout

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A Delaware state has recommended providing a $46 million bailout for the First State’s gambling industry.

The plan to stabilize the Delaware’s three casinos came as a shock to some on the state’s Lottery, Gaming and Study Commission.

Where the money would come from as the budget battles heat up in Dover is still not clear.

House Majority Leader Valerie Longhurst who is also a member of the panel…called the proposal “an annual tradition that is not sustainable.”

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8:28 am
Thu January 22, 2015

Boosting Delaware's Gambling Industry

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DOVER, Del. (AP) - A state panel charged with helping find a path forward for Delaware's gambling industry is meeting again after missing last week's deadline to submit recommendations.

Members of the panel, which recommended a $10 million casino bailout approved by lawmakers last year, were to meet Thursday to get updates on the state's most recent revenue forecast and on Delaware's horse racing industry, which gets a cut of gambling revenue.

The panel also was scheduled to discuss recommendations regarding further relief for Delaware's three casinos.

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11:48 am
Tue January 6, 2015

Revenue Troubles for Maryland Casinos

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BALTIMORE (AP) - Maryland's casinos generated $85.6 million in December, down from last month's revenues.
State revenue totals released Monday show that excluding Horseshoe Casino Baltimore - which opened in August -  revenues at the state's other four casinos were down by 3.6 percent in December, compared to the same month in 2013.
Factoring in the opening of Horseshoe Casino Baltimore, revenues increased by $20.6 million from December 2013 to last month. That's a 31.7 percent increase.

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Local News
10:39 am
Mon November 24, 2014

Dover Downs Experiencing Troubled Waters

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Dover Downs is looking at some tough times.

Regional casino competition has doubled over the last few years while the bank demanded the casino’s mortgage as collateral when the gambling outfit recently refinanced $42 million of debt.

Meanwhile, its stock price has dropped to 72 cents after hovering around 30 dollars a share.

And it has the largest tax burden in the region at 43.5 percent.

After spending $283 million to building the casino and expand the casino over the last 18 years the owners say they are now fighting for their financial lives.

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8:03 am
Thu November 6, 2014

Maryland Casino Revenues See Turbulance

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The revenue figures are in for Maryland’s casinos.

They brought in $86.8 million for October.

The Maryland Lottery and Gaming Control Agency said the Maryland Live! earned just over $50-million while the Horsehshoe Casino Baltimore generated $22.4 million.

Hollywood Casino Perryville saw just over $6 million while Ocean Downs picked up $4 million.

And Rocky Gap Casino Resort came in with $3.7 million.

In a year-to-year comparison casino revenue declined by $2 million excluding Horsehoe Casino Baltimore which opened in August of this year.

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8:03 am
Fri October 31, 2014

Delaware Casinos Seek Revenue Adjustment

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DOVER, Del. (AP) - An industry group representing Delaware's three casinos is asking state lawmakers to revise revenue sharing models so that the casinos can remain profitable amid increasingly intense competition from casinos in other states.

The top priority for the Video Lottery Advisory Council is returning to a tiered rate structure for slots revenue, with the state's share fluctuating based on the amount of revenue taken in.

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Local News
9:22 am
Thu October 16, 2014

MD Continues to Pay for Slot Machine Upkeep in MD

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ANNAPOLIS, Md. (AP) - The Maryland Board of Public Works has approved a contract renewal for the state to spend up to $200 million to lease and maintain slot machines over five years.

The board voted 2-1 Wednesday, with Gov. Martin O'Malley and Treasurer Nancy Kopp voting in favor of the renewal. Comptroller Peter Franchot voted against it.

Maryland law initially required the state to own slot machines at the state's five casinos. However, the law was changed in 2012.

Next March, three of the state's casinos will acquire their own slot machines.

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Local News
10:48 am
Wed October 15, 2014

Maryland Casino Hit With Dealer Class-Action Lawsuit

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HANOVER, Md. (AP) - Attorneys are pursuing a class-action lawsuit against Maryland Live! Casino in Hanover, accusing its operators of using a dealer school as a prop for job training to avoid paying the minimum wage.

The lawsuit was filed Tuesday in federal court by three people who underwent months of training to become dealers at the casino last year. Attorneys say hundreds more qualify as plaintiffs in the lawsuit and can join the litigation.

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Local News
8:01 am
Tue October 7, 2014

Some Casino Revenue Numbers Decline in Maryland

Credit Don Rush

BALTIMORE (AP) - Maryland officials say the state's five casinos brought in more than $82.4 million in revenue last month.

The Maryland Lottery and Gaming Control Agency announced the revenue numbers Monday. Maryland Live Casino in Anne Arundel County led the group with more than $45.5 million from slot machines and table games. That's an approximately 10 percent decrease from September 2013.

Horseshoe Casino Baltimore, which opened to the public in August, brought in $22 million.

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Local News
11:45 am
Tue September 30, 2014

MD Considers Lifting Lifetime Casino Ban for Gambling Addicts

Credit Don Rush

ANNAPOLIS, Md. (AP) - The agency that oversees Maryland's casinos is considering eliminating a program that allows gambling addicts to sign up for a lifetime ban from casinos.

The Maryland Lottery and Gaming Control Agency says it's planning to examine how the program is working and study changes. No timetable has been set.

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Local News
7:30 am
Fri September 12, 2014

Panel Ponders Delaware Gambling Future

Credit Don Rush

DOVER, Del. (AP) - A state panel that recommended a $10 million financial bailout for Delaware's three casinos earlier this year has reconvened to figure out what, if anything, to do next to help the state's struggling gambling industry.

The gambling study commission, which met Thursday, is charged with studying challenges facing Delaware's gambling industry and recommending ways to help the state remain competitive in a region that is becomingly increasingly saturated with casinos.

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7:57 am
Thu September 11, 2014

Panel Meets on Delaware Casino Financial Troubles

Credit Don Rush

DOVER, Del. (AP) - With lawmakers already having approved a $10 million financial bailout for Delaware's three casinos earlier this year, a state panel is reconvening to figure out what to do next regarding the struggling gambling industry.

The state gambling study commission, which recommended the bailout, is scheduled to meet Thursday to resume its work. The panel is charged with studying the competitive marketplace facing Delaware's gambling industry and recommending ways to address it.

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Local News
8:21 am
Thu August 28, 2014

Baltimore Casino, A Sign of the Times

Horseshoe Casino
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BALTIMORE (AP) - The opening of Baltimore's first casino highlights a nationwide trend of casinos moving from traditional gambling destinations to other cities.

The Horseshoe Casino in downtown Baltimore opened its doors Tuesday night. A spokesman for an agency representing the casino said it hosted more than 15,000 guests in its first 12 hours.

Gambling experts say rust-belt towns like Philadelphia, Cleveland and now Baltimore have become desirable casino locations, especially as gambling destinations like Atlantic City continue to plunge into economic decline.

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7:46 am
Tue August 26, 2014

Baltimore Casino Set to Open

Credit Horseshoe Casino Baltimore website

BALTIMORE (AP) - The Horseshoe Casino Baltimore is scheduled to open, marking a new milestone in Maryland's development of casino gambling.

The casino set to open Tuesday is the fifth and last of the five casinos initially planned when lawmakers approved slot machine gambling in a 2007 special session, a plan later approved by voters in a statewide vote in 2008.

The Baltimore casino will be home to 2,500 slot machines and 122 table games like blackjack.

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11:56 am
Wed July 30, 2014

Revenues Continue to Decline for Delaware Casinos

Credit Don Rush

DOVER, Del. (AP) - Delaware officials say competition from casinos in neighboring states continues to squeeze revenues at Delaware's three casinos.

The Delaware State News reports that the Video Lottery Advisory Council met for the second time this year to discuss the state of the gambling industry.

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8:24 am
Mon July 21, 2014

Last Hurdle for MGM Casino at National Harbor

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UPPER MARLBORO, Md. (AP) - Prince George's County officials are scheduled to vote on the building plan for a $925 million casino near the nation's capital.

The county's district council is meeting in Upper Marlboro to consider the site plan from MGM, which wants to build the casino and resort at National Harbor.

The vote by the nine-member panel is considered the last main hurdle to clear before construction can begin.

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9:43 am
Fri June 27, 2014

Baltimore's Horseshoe Casino to Open in August

Artist's rendering of Horseshoe Casino

BALTIMORE (AP) - The Horseshoe Casino Baltimore is scheduled to open in late August.

Casino officials say the $442 million casino is scheduled to open on the night of Aug. 26, pending regulatory approval.

The casino will feature 122,000 square feet of slot machines and table games like blackjack. It also will have two celebrity chef restaurants and a steakhouse. The facility will have about 2,500 slot machines and 100 table games. It also will have a World Series of Poker-branded poker room.

Casino officials say it will employee about 1,700 people.

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Local News
8:21 am
Tue June 24, 2014

Casino Bailout Bill to Get Initial Vote in Delaware

Credit Don Rush

DOVER, Del. (AP) - A bill providing a financial bailout to Delaware's three gambling casinos is poised for its initial vote in the state legislature.

The state Senate was scheduled to vote Tuesday on a bill to help the casinos, which have bemoaned competition in neighboring states and the share of gambling revenues they have to give to Delaware's general fund.

But a bailout plan that could have cost taxpayers about $20 million a year will be scaled down before Tuesday's vote to about half that amount.

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12:08 pm
Thu January 30, 2014

Dover Downs Sees Plunge in Casino Earnings

Credit Dover Downs Casino Website

There’s have been a major drop in the net earnings for Dover Downs last year from $4.8 million in 2012 to just $13-thousand in 2013.

Denis McGlynn, president and CEO of Dover Downs Gaming and Entertainment and Dover Motorsports Incorporated blamed the decline on competition – especially the Maryland Live! Casino.
The announcement comes a day before the nine-member Lottery and Gaming Study Commission is set to submit alternatives to lawmakers on how to best aid an ailing casino industry.

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8:48 am
Mon October 21, 2013

Ocean Downs Casino To Bring In Table Games

Credit Don Rush

BERLIN, Md. (AP) - The Casino at Ocean Downs says it will set up 10 table games in a recently approved addition.

The Daily Times reports Monday that the casino in Worcester County has announced that the games will be installed in a 35,000-square-foot casino expansion. The casino does not give a timeline for the expansion.

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9:33 am
Thu July 11, 2013

Maryland LIve! Renovation

Credit Maryland Live!,

HANOVER, Md. (AP) - Maryland Live! officials plan to break through the casino floor wall with sledgehammers to mark the entrance to a poker room set to open next month.

The event is scheduled for Thursday at the casino in Hanover.

The poker room is scheduled to open to the public on Aug. 28 with 52 tables. It will be 14,800 square feet.

Maryland Live! is the state's largest casino.

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9:04 am
Thu May 23, 2013

Rocky Gap Casino Opens

Rocky Gap Casino
Credit Rocky Gap Casino Website

FLINTSTONE, Md. (AP) - The newly christened Rocky Gap Casino Resort is opening its doors to the public in western Maryland.

The casino opened its doors Wednesday after winning approval from state gambling regulators. It is Maryland's fourth casino and will add 250 jobs to the resort formerly known as the Rocky Gap Lodge and Golf Resort.

The new casino features more than 550 slot machines and 10 table games. The resort also is unveiling a renovated lobby, hotel rooms and restaurants, and it features an 18-hole golf course.

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9:29 am
Mon September 17, 2012

Panel Meets on New Delaware Revenue Projections

Revenue Projectiosn,

NEW CASTLE, Del. (AP) — The panel that sets Delaware's official revenue projections is meeting to update its financial forecast. Monday's meeting of the Delaware Economic and Financial Advisory Council is the first since lawmakers passed a budget for the fiscal year that started July 1.<?xml:namespace prefix = o />

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12:27 pm
Thu September 6, 2012

Casino Revenue in Maryland, Down

Gambling Revenue,

BALTIMORE (AP) - The Maryland Lottery says the state's three casinos brought in $44.6 million in August, down from $48 million in July.

More than 73 percent of the revenues were generated by the state's newest and largest casino, Maryland Live. July was the first full month that casino was open. Maryland Live brought in $32.9 million in August and has generated nearly $68 million since it opened.

Excluding Maryland Live, revenues from the other two casinos were down 7 percent from August 2011.

9:38 am
Wed August 15, 2012

Gambling Expansion Bill Goes to MD Governor

ANNAPOLIS, Md. (AP) — The Maryland General Assembly has passed a measure to allow a new casino in Prince George's County as well as table games such as poker and roulette at gambling complexes.

After the House of Delegates passed the bill 71-58 late Tuesday night, the Senate concurred early Wednesday by a vote of 32-14. The vote send the measure to Democratic Gov. Martin O'Malley. Voters would need to approve any gambling expansion in November.

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3:05 pm
Mon August 13, 2012

Baltimore Delegates Press Concerns Over 6th Casino

ANNAPOLIS, Md. (AP) - Members of the Maryland House of Delegates are starting to define proposed changes to a measure to expand gambling in the state.

Baltimore lawmakers met Monday morning to discuss amendments.

They are concerned about when a Prince George's County casino could open.

A bill approved by the Senate says the casino could open July 1, 2016 or 30 months after a casino opens in Baltimore in 2014. Baltimore lawmakers want to specify opening at 30 months after the Baltimore casino opens.

9:45 am
Thu August 9, 2012

MD Special Session on Gambling Expansion Opens Today

ANNAPOLIS, Md. (AP) - Maryland lawmakers and casino owners are reviewing Gov. Martin O'Malley's 55-page measure to expand gambling on the eve of a special session.

O'Malley, for his part, said Wednesday the bill will increase state revenue and jobs. He also says he's "so sick of this issue" and wants to settle it. The Senate wil convene the special session Thursday.

The gambling proposals would allow table games like blackjack and a new casino site in Prince George's County that could open in 2016.

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8:57 am
Tue July 31, 2012

Casino in Baltimore Expects to Get Okay

A group led by Caesars Entertainment Corporation is expecting to get the okay today to build a 37-hundred slot-machine casino just a few blocks from M&T Stadium in Baltimore.

Maryland's slots location commission is set to vote on the plans by the Las Vegas-based gambling company.

Chairman and president of the Greater Baltimore Committee told the Baltimore Sun yesterday that he was hoping to be in a position to make the award.

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9:18 am
Fri June 15, 2012

O'Malley Meets with MGM Officials on Casino Option

 ANNAPOLIS, Md. (AP) - Officials with Las Vegas casino operator MGM are scheduled to meet with Maryland Gov. Martin O'Malley about plans for a potential casino near the nation's capital.

The governor has a Friday morning meeting scheduled in Annapolis with MGM representatives about the possibility of opening a casino at National Harbor.

A work group O'Malley convened is studying the possibility of allowing table games like blackjack and poker in the state.