Baltimore News - Page 5

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Caesars works to upgrade balance sheet, but analysts unimpressed

20 August 2014

Caesars struck a deal with several investment groups to trim $548 million in debt off Caesars Entertainment Operating Co., the most heavily indebted of Caesars three business units.

Horseshoe casino to open Aug. 26

28 June 2014

Maryland's fifth casino will open on August 26, 2014.

Penn National sees trouble on the horizon

9 June 2014

Penn National Gaming’s Hollywood Casino at Charles Town Races is feeling the brunt of neighboring Maryland’s gaming expansion, even though the state’s two newest casinos have yet to open.

For revitalizing cities it's the gaming - and a lot more

22 May 2014

Major U.S. cities — including Baltimore, Philadelphia, Detroit and Boston — have used tax dollars associated with gaming, or are considering gaming itself, as a means of economic development.

Caesars Entertainment reports $1.756 billion in quarterly loss on Atlantic City weakness

12 March 2014

Caesars Entertainment Corp. said Wednesday it lost $1.756 billion in the fourth quarter.

Horseshoe casino will bring Baltimore 2000 jobs in 2014

29 January 2014

Casino partnering with City of Baltimore in recruitment of 2000 jobs.

Baltimore casino on schedule

27 September 2013

Construction on schedule for Horseshoe Casino Baltimore to open in 2014.

Maryland gambling revenue up; Lottery sales down

11 August 2013

Maryland lottery sales are down 2.2 percent, while casinos see 27.6 percent revenue increase in same fiscal period.

Horseshoe Baltimore overhaul to commence soon

22 February 2013

Construction and design overhaul could commence very shortly at new Horseshoe Casino Baltimore.

Baltimore wants to prioritize local hires

19 December 2012

Baltimore wants to prioritize residents securing jobs at its planned casino.

Caesars to put $25 million more into Baltimore casino

9 November 2012

Caesars will invest $25 million more in its planned Baltimore casino.

Caesars sells part of interactive gaming subsidiary

4 April 2012

Caesars Entertainment sold an undisclosed percentage of its interactive gaming subsidiary to its partner in two Ohio casinos for $60.8 million, the company disclosed late Monday.

Caesars Entertainment submits bid for license to operate video lottery terminal facility in City of Baltimore

26 September 2011

Caesars has filed an application with the State of Maryland to operate a video lottery terminal facility in Baltimore City.

Canadian pushes to bring Baltimore casino

4 October 2010

Appeal hearings on Baltimore casino plans underway this week, decision expected within 90 days.

Magna selling Pimlico, Laurel to own parent

24 March 2010

Fate of Preakness may be secured if MI Developments buys Laurel Park and Pimlico Race Course.

Tracks to go on block

19 October 2009

News brief: A federal bankruptcy judge approved Wednesday a plan to auction Pimlico Race Course and Laurel Park early next year.

Maryland's changes could affect Pennsylvania racing

1 December 2008

News brief: Pennsylvania horse tracks might be benefiting from Maryland's inability to attract top-notch horses, but that could change in the next year or two.

Baltimore report pushes legalized casinos

4 January 2008

News Brief: A mayoral task force report says one of the best long-term ways to reduce Baltimore's highest-in-the-state property tax rate would be to use revenue from legalized gambling from full-scale casinos.

Baltimore gaming poll results released

8 November 2007

A majority of voters in Baltimore City favor allowing slots gaming in the city, but not at the Inner Harbor, according to a poll commissioned by the Greater Baltimore Committee.

Horse Racing is Betting on Internet Wagering

16 May 2006

News Brief: Horse racing's problem is obvious: a decades-long slump in attendance and wagering at the track.

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