• Posts Tagged ‘Anne Arundel’

    Anne Arundel Mills Project on Hold

    Friday, May 13th, 2011

    For a long time now, Anne Arundel Mills has been the center of talk for a slots parlor. Cordish Cos. is the company helming the project and in the past it has fought hard for the opportunity. Leading up to the approval of this casino was a period of months spent on debates. People were on sides against each other discussing the benefits and problems with allowing a gambling casino into that area. In the end, Cordish Cos. won out because of how much money the new facility could potentially bring in. One thing is for sure in the world of casino gambling- games are lucrative. Slots are the number one moneymakers right now and have been for some time now. Though there are other higher-wager games available on the casino floor, it is the slots that have consistently taken over the revenue being brought in. Operators are aware of this and so are legislators. They realize that if they are to bring in the money needed, they most likely are going to need the help of a good slots gaming plan. That is exactly what Anne Arundel Mills developers have pushed for prior to getting the approval for the slots parlor. Maryland legislators are ready to come up with a market share of the newly opened northeastern US gambling pool. There is an opening since Atlantic City’s market took a fall thanks to the post-recessionary economy.

    Though Maryland officials have made a petition for the east coast market, they are now putting the development of Arundel Mills’s project on hold. It originally was supposed to be finished by the middle of this year, but now the estimates are that it will happen mid-June of next year. The facility is supposed to bring in $75-million to the state and that means legislators are eager to get the plan going. Unfortunately, there are some problems with the planning now. The problem was a third-party appeal on the building permits afforded to Cordish Cos and without those, the project cannot more ahead. This is why the entire legislature is pushing for the project to get moving, but without the proper permits this is going to be on hold for that much longer.

    MA Still Debating Slots Plan at Anne Arundel

    Tuesday, February 8th, 2011

    There are still problems for Maryland and its Anne Arundel County project for a gaming center. The location is set to be one of the biggest slots parlors in the area and bring Maryland a huge revenue base. This is part of the problem with the market right now—states all over are looking to capitalize on the slots’ popularity. Slot machines have a huge power in the world right now because of how many millions of gamers gravitate towards them. The games have a mass appeal that no other games on the casino floor have. Consider that to play poker could take years. Not that poker isn’t accessible, but if a gamer wants to get good at it he or she can count on spending at least a few months working on a strategy and a skill level. Without strategy and skill a poker gamer is going to have few successes at gaming. This is part of the issue with table game—to win, you have to be committed to the games enough to spend whatever time it takes to get good at them. On the other hand you have slots that require no special skill or learning curve to them. Anyone can start playing a slot machine and have the same chances of a great win as another person who has been playing for years. This characteristic of games is one thing that is growing their overall mass appeal to gamblers.

    There are some criticisms with the games though. Namely it is Maryland officials who are questioning the approval of the Anne Arundel project. They believe that the heavily populated area is inevitably going to have problems with the foot traffic and added automobile traffic now. The state has yet to come up with a workable implementation plan for a new casino. Cordish Cos was given the approval for the slots parlor without thinking through all of the issue that are going to affect the area—or so say anti-gambling proponents. They believe that once the casino is up and running it could create more problems for the area. Though legislators may benefit from huge tax revenue dollars, anti-gambling activists want to know at what cost was the decision made.

    Anne Arundel Still Struggling for OK

    Monday, November 8th, 2010

    Anne Arundel County has long been a location under heated debates over gambling and slots parlors. The locale in Maryland has been the center of big problems in the market due to the recession. For years now the gambling developers in the area have been pushing for bringing gambling into the area. The gambling activists believe that gambling will reinvigorate the market via millions of slots dollars and job creation. If the state can bring in its own successful slots parlor, then it can build its market up once again. Also—Anne Arundel Mills mall is the location for the slots parlor and most likely that will be the location to benefit the most from the games. Joe Weinberg is the president of Cordish Cos, the company tasked with developing the project, and he has long been promoting the changes in the market. He projects that if the slots parlor is built up according to plans, it will bring in over $30 million in tax revenue dollars and over 3,500 jobs to the locales. The vote was taken this past week and so far polls showed that 56% of voters see the Anne Arundel County project as a positive one and just 44% are debating the issue. This is a notable change from older projections where the issue was much closer to 50-50. This is good news for the legislators and companies that have been pushing for change in the state.

    It could be that gamers are growing tired of the market and its depressed state. The voters have long suffered due to the down economy and that means that they are looking to new options for change. Bringing in a slots parlor could be what they need and most voters as the polls are showing are ready to at minimum take a chance at the games. They want to take a more proactive role in changing the economy and believe that this could be the perfect way to do it. Experts are noting that people are no longer willing to sit on the side lines and let the economy rind redemption itself; rather they want to step in and do things themselves that can be proactively turning things around.

    Anne Arundel Slots Parlor Still Up for Vote

    Saturday, October 30th, 2010

    The debate over the Anne Arundel Mall casino is still going strong. Maryland is a state that is suffering financially—like most states in the US it has a long list of expenses and few options to cover them. They are looking to slot machine gaming as a means of facing the problem head on. In the future, the state is hoping to use gambling to shore up its state coffers. Right now the entire issue is in the hands of the voters though. Politicians would love to make the call, but that’s not how procedures work. In the mean time before the official vote, surveys have been taken to see where the issue falls with the public. Their opinion now before the vote, is a good sign of what is to come in the future. The most recent survey is showing that 47% of residents in the state support the slot machine plan and 45% are against it. That leaves 8% undecided. That 8% is crucial to both sides of the issue. And both sides are fighting hard for it. Now, like no other time opposing organizations are pulling out the big guns in terms of advertising. They want to sway that final faction and possibly change the minds of others. The time for heavy promotion and advertising is now and everyone involved is taking full advantage of that.

    The whole issue rests on Question A, which is the referendum vote that is going to decide whether or not the slots plan is initiated. If the voters decide yes, then there will be a slot parlor approved for the Arundel Mills Mall area. That doesn’t mean that everything is fine though. Just because voters may ok the move, Laurel Park raceway still has some hurdles to cross before slot machines are approved. Right now Cordish Cos is waiting patiently for a final decision and hoping that the company can move in on building as soon as possible. It will inevitably take a lot of time for gamers to get into a Maryland casino in the Anne Arundel area, but once the vote is settled, it will make the final result’s fruition that much sooner.

    Cordish Cos Continues to Fight for Slots

    Tuesday, October 19th, 2010

    Anyone involved in the Maryland debates over gambling know full well the problems Anne Arundel County has brought. So far the Arundel Mills mall is the location where gambling wants to take its roots with a huge slots parlor. It has been on the table for years though and has yet to gain the necessary legalization ok. Part of the target to this area is that the location is considered to be very “family-friendly” and a slots parlor is what could help to turn around the market. It is Laurel Park that would be the location for the gambling addition. Horse tracks and dog racing tracks have suffered greatly in the market in recent years. The recession was particularly hard on them and numbers have been down since the start of the recession. It hasn’t been easy for any of them and now the biggest lifesaver could be incorporating slots into their gaming floors. Anne Arundel County has to find the approval first, but if it does then slots could be the savior for this county in Maryland.

    Cordish Cos is the company set to develop the changes if that is going to happen. The company has been waiting in line for a long time now to move in on the market. Developer David Cordish has been pushing hard to gain the license left for a slots parlor in the state. He is now criticizing various advertisers who are anti-gambling and pushing for the slots parlor to be shelved by legislators. They believe that bringing it in would only bring more crime and corruption to the state. They also are telling the gambling public that slot parlors would push greater numbers of residents into addictions. Cordish is denying these claims stating that the advertisers are taking free license with what “could happen” if gambling was brought into the Anne Arundel County area. He believes that the money it would provide in tax revenue dollars along with jobs for local residents is enough of a push to make it happen in the area. There is a strong push to approve the slots parlor though. The fight is not necessarily a 50-50 one anymore. More people are jumping on the positive side of the issue and that may be all it takes to get the approval for the slots parlor.

    Maryland Voters Focused on Slots Gaming

    Wednesday, October 6th, 2010

    Gaming analysts are sure that voters in Maryland will vote pro-gaming in November. The decision for bringing in and legalizing a new casino by Anne Arundel County is squarely on the shoulders of the voting public. The location has long been debated and it is one county where gambling would benefit the state. The proposed slots parlor would be home to more than 4,700 slot machines—the largest amount within the state as of yet. There are other locations, but they aren’t even half as large as that. They so far have performed well for the market and it is hoped that the casino at Anne Arundel mall would do the same, only in larger numbers. Cordish Cos. are the ones to build the facility and they are a leader in casino development issues. The company has undertaken a vast range of gaming problems over the years and successfully brought them to completion. The company already has a license from Maryland to build the slots, but needs to get the zoning board to comply. The zoning is what is left to the voters to decide upon in November.

    Slots gaming has been lucrative for markets all over the country. Even in Maryland the two current slot parlors have shown amazing growth over the past few months. The recession was hard on them, but now it seems like gamblers are returning to the casino floors. They are again fueling their money into casinos and that in turn is funding tax revenue dollars needed by state and local governments. This is the direct money that will fund various programs like education, expansion, public works, road development, etc. Without the slots revenue, Maryland has few other options to bring in the same level of revenue. It is one of those issues that is at a wait-and-see status in the market. Legislators are hoping that the vote is positive for gambling and will bring in more slots possibilities. If the Anne Arundel slot parlor is allowed, it could mean millions in tax revenue dollars for the state. It also could be a decisive end for the recession that has labored on the market for months now.

    Anne Arundel Has More Issues with Legalizing Slots

    Sunday, March 7th, 2010

    For months now Anne Arundel Countin in Maryland has struggled with the issue of slots. Slots are highly popular in the world today and since the late 1800s the game has brought in millions of players. It began as an unassuming game that drew consistent numbers and has elevated to the point where it provides over 60% of land-based casinos’ revenues. A new study proved how lucrative the games are and for that reason, casinos everywhere are focused on maintaining a heftier number of games to bring in as much revenue as possible.

    Now, states are jumping on the bandwagon. State legislators have seen how profitable the games are and are now trying to bring them into their legislature to increase revenues. The recession was very hard on the US and most states were left with huge deficits, huge expense and no way to overcome them. The states are hard-pressed to find more ways of generating revenue and slots is a viable option.  The issue comes in however with trying to get the approval for the machines. The side are staunchly drawn– on one side some legislators are trying to legalize slots to bring in millions of tax-revenue dollars, and on the other side legislators are worried that bringing in slots creates additional problems. Opponents believe that slots and gambling in general, will inevitably bring a rise in corruption, money laundering, addictions and crime. Without the added police and watchdog force to manage it, it could mean sheer disaster for communites throughout the US.

    The fight has been going on now for months and Maryland is one state that has joined in on the debates. The state’s Anne Arundel County has more issues now with gambling and legalizing slot machines. A coalition against slot machine gambling near a popular shopping mall has submitted thousands of additional signatures to force a vote on the proposal. The coalition, which includes community groups and the Maryland Jockey Club, says it delivered 16,702 signatures to the Anne Arundel County Board of Elections on Friday. Opponents need 18,790 signatures to put a zoning measure needed for the project near Arundel Mills Mall on the November ballot. The elections board already has verified 13,136 signatures. Cordish Company, the builder of the casino, filed a lawsuit last month against the board of elections claiming that it is overlooking fraud in the petition drive. In the next few months the issue will play out but only time will tell if Anne Arundel county finally brings in slot machines.

    Maryland Moves into the Slots Industry

    Sunday, January 10th, 2010

    Maryland has long pined for slot machines. The industry as a whole has proven lucrative and has single-handedly gotten more than a few land-based casinos through the recession. Industry insiders know that the the slots market has proven to be a lifesaver for more than a few businesses. As of late, the debate over slots has gotten heated due to huge deficits state governments are under. Most states are still trying to recover from the overwhelming heat of the economic downturn of 2007/2008. They are making changes, but recovery is coming much slower than hoped by experts.

    Now Maryland has officially made the push for slots to come into the state. Formerly there have been many problems with bringing slots to the economy and the loss of revenue has made a sutstantial dent in the money owed. The reality for the state is that every month they don’t have slot machine gambling, they are losing millions of dollars. Things are about to change though because has finally approved a slot machine commission license for a site in Anne Arundel County. The proposal has to get local zoning approval, but the move brings slots gambling closer to a reality than it has been thus far. Zoning approval is the only thing that conceivable cold still hold up the process, but legislators are hopeful that it won’t be a holdup and slots will be able to come into the state’s funding. If they do get thorugh the approval process, the largest slot machine facility in the state will be constructed in Anne Arundel County.

    A former vote showed that people are in support of bringing slots to the state but Anne Arundel County was not on the table when voting took place. Now that it is the number one location of the slots parlor, people are concerned about potential problems in the area. They are worried that traffic is already too congested and an addition slots facility will only continue to put a strain on the community. They also cite the potential additional problems with crime and corruption. So far the state has already approved the location and will be bringing in an initial 4,750 slot machines. That will make it the biggest facility in the state and hopefully will bring in huge funds to help defray the deficit. If the  zoning laws approve the faclity it could be open by December 2011.

    Cecil County Get Approval for Slots Casino

    Saturday, December 5th, 2009

    A 1,500 slot machine casino facility in Cecil County has received the approval of a state committee and could open to the public within a year. But state slot machine decision makers expressed their frustration and impatience with two other planned slots facilities in Baltimore and Anne Arundel County, demanding immediate action within two months. Penn Cecil Maryland Incorporated, a gaming venture led by Penn National Gaming Incorporated, is constructing a $78 million slots facility in Perryville. It is estimated to employ 320 individuals and produce $170 million in total revenue by 2015. The slots parlor is the second one to receive approval in Maryland.

    The Maryland Video Lottery Terminal Location Commission awarded Ocean Downs racetrack approval to bring 600 additional slot machines in. Proposals for slots in other areas, Baltimore and the Arundel Mills Mall are still awaiting the go. Baltimore City Entertainment Group has proposed a 3,750 slot machine parlor near the Mandt Bank Stadium, however it still needs state approval. The original proposal called for 500 slot machines to be delivered, but a more aggressive plan is now underway.

    Commission chairman Donald D. Fry, also CEO of the Greater Baltimore committee, requested that local governments work on the slots proposal prior to December 17th of this year. That is the date of the next board meeting.

    The commission stopped short of releasing an ultimatum but said that it may write an official letter to announce its determination. The Baltimore Board of Estimates also approved a land lease for a slots facility near Mandt Bank stadium. Overall everyone in the industry knows how lucrative slot machine parlors are and they are all trying to bring in as much tax revenue dollars as possible. In today’s economy finding additional revenue is one of the most important priorities on everyone’s agenda. Despite challenges, the industry knows that slot machines pay off. Las Vegas recently reported that about 60% of its revenues come from the slots floor. With the huge variety of slots, casino managers can easily keep the games fresh and new for gamblers to enjoy. Cecil County, Penn National and Anne Arundel County are all hoping to capitalize on the slots market and bring huge funds into their economies.