Baltimore casino license could be approved by end of June


BaltimoreBusinessJournal.com

The state’s slots commission is moving forward on background checks for the developers of a planned $310 million South Baltimore casino, despite the group potentially bringing on new investors.

Donald C. Fry, chairman of the state’s Video Lottery Facility Commission, said Tuesday that he expects the board will make a decision on whether to award a license to Caesars Entertainment Corp. (NYSE: CZR) and Rock Gaming LLC by the end of June.

Stephen Martino, director of the Maryland State Lottery Agency, told the state’s slots commission on Tuesday that other investors could be joining the development group. But Fry said “we need to make our decision based on what we have as of a certain dates.” Fry said following Tuesday’s commission meeting.

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