2 More Apply For Casino License Near Washington
ANNAPOLIS, Md. (AP) — Two more casino companies applied for a license Friday to build a casino in Maryland near the nation’s capital, bringing the number of applicants to three for one license.
Penn National Gaming Inc. and Greenwood Racing Inc. both submitted proposals to meet a deadline with the state.
Penn National, which is based in Wyomissing, Pa., is proposing a $700 million casino at the company’s Rosecroft Raceway in Prince George’s County, about 13 miles from Washington. Its proposed Hollywood Casino Resort at Rosecroft Raceway would include slot machines, live table games and a poker room. The plan also includes a hotel with a pool and spa and a multipurpose event center. Rosecroft also would feature horse racing.
Maryland Casino LLC, a subsidiary of Greenwood Racing, is proposing to build an $800 million casino on a 22-acre parcel in Fort Washington. Its plans include a hotel and entertainment venue. The site would be at the intersection of Indian Head Highway and Old Fort Road. Greenwood Racing is the owner and operator of Pennsylvania’s highest revenue-generating casino, Parx Casino.
A subsidiary of MGM Resorts International submitted its proposal earlier this week for an $800 million casino at National Harbor. MGM did not publicly release details when the plan was submitted. However, MGM officials have previously discussed plans for a luxurious casino with slot machines and live table games, as well as a hotel next to the National Harbor development on the Potomac River.
Maryland lawmakers last year approved allowing one casino location in Prince George’s. Voters also approved the expansion in November. It would be the state’s sixth casino location.
State officials will now review the three proposals. The Prince George’s casino can’t open until either July 1, 2016 or 30 months after a casino opens in Baltimore.
(Copyright 2013 by The Associated Press. All Rights Reserved.)