MGM Resorts strikes agreement to build casino at National Harbor near nation’s capital (Baltimore: mortgage, lawsuits)

[adelphi_sky]

[quote=armory;30706999]You missed my sarcasm about high tech centers. We don't have anything like VA, CA, TX, GA or many other states. Why? Because the 'elected leaders' have historically made MD one of the most corporate unfriendly states to do business in. Why do you think the largest employer of residents in the state is the US government - which is not even in the state?

I don't follow.

I have never been a proponent of casinos. If gambling were the end all Rosecroft and Laurel horse racing would be a gold mine. I don't gamble but I like to watch horses run, especially when outside and up close.

Horse racing and casinos draw totally different markets of gamblers. Currently, Rosecroft and Laurel only provide racing. They don't provide slots, or table games. And very little entertainment if any. The casinos being proposed offer resort style entertainment and gambling that caters to a much wider audience. Maryland Live!'s revenue is beyond expectations and is funneling a nice cash flow to the state. And that's just from drawing people from the suburbs of DC and Baltimore. I imagine a full-service casino/resort less than 30 minutes from downtown DC. would be a game-changer. No small potatoes to what we have now with horse-racing.

[mcleanexec]

I have been to maryland live and have observed blue collar pg county residents losing their entire paychecks on a few hands of black jack or throw of the dice. When the casino goes up in National Harbor its going to do alot of damage to the low/middle class of PG County. The minimums will be just as high as Maryland Live due to the pool of gamers who live within 50 mins.

Putting up a few luxury stores near National Harbor casino will do nothing for economic growth.

[adelphi_sky]

[quote=mcleanexec;30734924]I have been to maryland live and have observed blue collar pg county residents losing their entire paychecks on a few hands of black jack or throw of the dice. When the casino goes up in National Harbor its going to do alot of damage to the low/middle class of PG County. The minimums will be just as high as Maryland Live due to the pool of gamers who live within 50 mins.

Putting up a few luxury stores near National Harbor casino will do nothing for economic growth.[/QUOTE


Few questions. One, what makes you think they are "losing their entire paychecks?" Do they broadcast this assumption to the masses as they are on the floor? Do they say, "I'm from PG and I lost my entire paycheck everybody!" Two, did you take a survey of all the patrons walking into Maryland Live! taking note of their place of residence? I know people would assume that certain people can only come from PG and not Baltimore, Anne Arundel, NoVa, Philly, Howard County, DC, etc. Only PG residents are able to loose their entire paychecks. I do know there are some rather wealthy individuals who have gambling problems. But their wealth masks the large amounts of money they loose.

And those luxury stores will certainly not send the county in the other direction. I guess outlet stores only wok in other counties and jurisdictions.

[Mr Beco]

I'm not saying building extra retail or adding more amenities will do anything to the Maryland economy. I was just saying, stick it to the casinos when you can. They want to be here, and they've wanted to be here in Maryland for decades, I'm sure our elected officals gave away too much....just a hunch. Also, I'm still amazed our government passed when Ehrlich was gov, we wasted a lot of time and money on that. The only good thing in all this is we keep people from driving to AC or Delaware/West VA, at least we keep them home.....

[Mr Beco]

[quote=adelphi_sky;30712834]

Originally Posted by armory

You missed my sarcasm about high tech centers. We don't have anything like VA, CA, TX, GA or many other states. Why? Because the 'elected leaders' have historically made MD one of the most corporate unfriendly states to do business in. Why do you think the largest employer of residents in the state is the US government - which is not even in the state?

I don't follow.



Horse racing and casinos draw totally different markets of gamblers. Currently, Rosecroft and Laurel only provide racing. They don't provide slots, or table games. And very little entertainment if any. The casinos being proposed offer resort style entertainment and gambling that caters to a much wider audience. Maryland Live!'s revenue is beyond expectations and is funneling a nice cash flow to the state. And that's just from drawing people from the suburbs of DC and Baltimore. I imagine a full-service casino/resort less than 30 minutes from downtown DC. would be a game-changer. No small potatoes to what we have now with horse-racing.

I hear ya, but I was hoping they combined the two....keep the slots at the race tracks...mades sense

[UrbanScholar]

To avoid opening up another thread I decided to put this here. Parx Casino is having an informational this weekend. See info below.

"Carol Williams, 28 year resident & Tantallon South Civic Association member
Invites Residents and Business Owners to hear the proposal of Parx Casino, Hotel & Spa"
Proposed Casino Location: Indian Head Hwy & Old Fort Road North, Fort Washington, MD

When: Sunday, August 11, 2013
Time: 4: 00 p.m. until 5:30 p.m.
Where: Satin Dolls Banquet Hall. 603 Cady Drive, Ft. Washington, MD

The venue can only seat 150 people so if you plan to go come early.

[Fast GTO]

Originally Posted by mcleanexec

I have been to maryland live and have observed blue collar pg county residents losing their entire paychecks on a few hands of black jack or throw of the dice. When the casino goes up in National Harbor its going to do alot of damage to the low/middle class of PG County. The minimums will be just as high as Maryland Live due to the pool of gamers who live within 50 mins.

Putting up a few luxury stores near National Harbor casino will do nothing for economic growth.

I'm guessing those people are adults?

Also, Maryland Live is a good example of how the fear mongers are wrong about how a Casino turns the immediate area into a cesspool. If you have been there you know it hasn't really degraded the immediate environment.

Don't want to lose your paycheck, don't bet on things. Also, people who bet like that will travel and having MGM at NH won't increase the likelihood that they would make bad decisions.

PG Count is in dire need of the jobs and tax revenue MGM will bring.

[tcave360]

Originally Posted by Fast GTO

I'm guessing those people are adults?

Also, Maryland Live is a good example of how the fear mongers are wrong about how a Casino turns the immediate area into a cesspool. If you have been there you know it hasn't really degraded the immediate environment.

Don't want to lose your paycheck, don't bet on things. Also, people who bet like that will travel and having MGM at NH won't increase the likelihood that they would make bad decisions.

PG Count is in dire need of the jobs and tax revenue MGM will bring.

+2 And besides, the only "degrading" thing that Maryland Live! has done to that part of Anne Arundel County is elevate traffic LOL

[adelphi_sky]

With the threat of litigation out of the way, all that’s left to do is for MGM to build a $925 million casino-resort at National Harbor, on a hill overlooking the Potomac River, in time for an anticipated grand opening in mid-2016. As of Jan. 15, MGM had not submitted its development applications to Prince George’s County. The clock is ticking.


The Maryland Lottery and Gaming Control Agency said Tuesday that both Penn National and Greenwood recently signed a “release and covenant not to sue,” ending their ability to pursue litigation following the Dec. 20 MGM decision. Their litigation protest bonds, $500,000 each, were returned, as were their initial license fees — $18 million for Penn National and $28.5 million for Greenwood.

Read more: Greenwood, Penn National will not sue over MGM win in Prince George's (Video) - Washington Business Journal

[Mr Beco]

Originally Posted by mcleanexec

I have been to maryland live and have observed blue collar pg county residents losing their entire paychecks on a few hands of black jack or throw of the dice. When the casino goes up in National Harbor its going to do alot of damage to the low/middle class of PG County. The minimums will be just as high as Maryland Live due to the pool of gamers who live within 50 mins.

Putting up a few luxury stores near National Harbor casino will do nothing for economic growth.

So based on YOUR visit to Maryland Live, the State of Maryland should not build a billion dollar casino??