Latest Casino News
Maryland Gambling News Brief
Maryland to open bidding today for slots licenses
Monday, February 2, 2009 at 9:37:59 AM
As they prepare to open bids for slots licenses today, Maryland officials are casting a wary eye on Kansas, hoping that recent history will not be repeated.
In Kansas, two gambling development companies won the rights to build "destination casinos" near Kansas City and in the southeastern part of the state - projects that the state was relying on for an economic boost. But in the face of the recession, the companies have withdrawn their bids, leaving Kansas officials hanging, and delaying the flow of gambling dollars.
The two development firms - The Cordish Cos. of Baltimore and Penn National Gaming Inc. in Pennsylvania - have said that they plan to be among the bidders for Maryland's five slots licenses. Bid submissions will be unsealed in Annapolis today, the most recent step in a years-long effort to bring slot machine gambling to Maryland.
Donald C. Fry, chairman of a commission that will award up to five Maryland gambling licenses, said there was "pent-up expectation" and plenty of uncertainty in Annapolis as the deadline neared. "We have no idea what this [bidding process] is going to produce," said Fry, a former state legislator from Harford County and current president of the Greater Baltimore Committee. "We'll have to see whether or not it produces the results they anticipated and hoped for."
...read the source
Note: The links to older news stories hosted on other servers often no longer function. We apologize for any inconvenience.
Our USCF Casino News is also available as a free-subscription News Feed.