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The Cordish Companies’ Live! Casino & Hotel And The Anne Arundel County Local Development Council Award $19 Million In Local Impact And Community Grants For FY2019

George Miller

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The Cordish Companies' Live! Casino & Hotel And The Anne Arundel County Local Development Council Award $19 Million In Local Impact And Community Grants For FY2019
Reading Time: 5 minutes

 

Total Funds Disseminated by the LDC in Six Years Approaches $130 Million in Support of Anne Arundel County Schools, Public Safety, Operational and Capital Programs, Non-Profit Organizations and Community Associations

 

The Cordish Companies‘ Live! Casino & Hotel and the Anne Arundel County Local Development Council (LDC) awarded $19 Million in local impact and community grants to organizations in Anne Arundel County for Fiscal Year 2019. The grant and funding recipients were officially announced at a press conference and ceremony, held at the new Event Center at Live! Casino & Hotel.

This year’s grants bring the total funds in support of Anne Arundel County organizations to nearly $130 Million since Live! Casino opened in June 2012.

Joe Weinberg, Managing Partner of The Cordish Companies, joined Anne Arundel County Executive Steven Schuh, Delegate Pam Beidle, Anne Arundel County Councilman Pete Smith, and members of the Local Development Council (LDC) in presenting the grants to recipients ranging across county operational and capital programs, education, health and human services and community associations. The grant allocations were recommended by the LDC, which helps to manage the distribution of the county’s gaming tax revenue to local organizations.

“Live! Casino & Hotel and The Cordish Companies feel a deep commitment to improving the quality of life for all those who live and work in the Region,” said Weinberg. “The opening of Live! Hotel and the Event Center that will house County school graduations and other community events only increases our support of local programs which promote schools, public safety, diversity, community development and an excellent overall standard of living.”

Attending local officials and business leaders who presented and accepted grants on behalf of several organizations included Anne Arundel County Police Chief Tim Altomare, Anne Arundel County Fire Chief Allan Graves, and Rebecca Paesch, Vice President of Strategy and Business Development for the Baltimore Washington Medical Center.

“Live! Casino & Hotel and The Cordish Companies have played a tremendous role in helping our community prosper, with their unwavering support of organizations and programs that serve the citizens of Anne Arundel County,” said County Executive Schuh. “From the fire and police departments to nonprofits that protect our most vulnerable population, we see great value in this partnership that gives back year after year.”

“Live! Casino & Hotel remains a valuable partner in helping us address the needs and priorities of the county,” said Karen McJunkin, LDC Chairperson. “We look forward to maintaining this beneficial partnership that supports county development. We are also thankful for the indirect impact from visitors to Maryland’s number one tourist destination. Their entertainment and gaming dollars have had a tremendous impact in fostering growth for county organizations.”

The Local Impact Grant Recipients for Fiscal Year 2019 include:

Anne Arundel County Fire Department

$5,598,000

Anne Arundel County Police Department

$3,459,200

Anne Arundel County Office of Public Works /
Dept. of Planning & Zoning

$2,900,000

Anne Arundel Community College

$1,700,000

BWI Partnership

$1,059,000

Anne Arundel County Library System

$1,010,000

Anne Arundel County Recreations & Parks

$900,000

ARC of the Chesapeake

$600,000

Fort Meade Alliance Foundation

$500,000

Community Grants

$350,000

Spring Meadows Homeowners Association

$300,000

Anne Arundel Workforce Development

$270,000

United Way of Central Maryland

$200,000

Administrative Support

$100,000

Baltimore Washington Medical Center

$40,000

Partners In Care

$40,000

Boys & Girls Clubs of Annapolis & AA County

$40,000

FY 2019 TOTAL:

$19,066,200

 

Recipients of the $350,000 in community support grants include the following:

STAIR
$8,500 to develop an early reading intervention program at Severn Elementary.

MacArthur Middle School
$39,303 to add classroom projectors

Meade High School
$29,819 to give Chromebooks to students

Annapolis Maritime Museum
$13,072 to implement an Oyster/Bay Education program for Meade Middle School

Junior Achievement
$15,000 for a mentoring program at various county schools

Frank Hebron-Harman Elementary
$23,500 to give Chromebooks to students

Jessup Improvement Association
$30,625 to build a new roof for the community hall

Ridgewood Estates
$25,732 to build a new community sign

Wesley Grove
$25,000 to replace the stove and renovate the kitchen

Ridge Forest
$20,000 for tree placement

Ridge Commons
$16,500 to purchase playground equipment and a tot lot.

Christians Assistance Program
$12,689 to purchase a food pantry

Sarah’s House
$25,000 to benefit childcare for homeless families

Rebuilding Together
$39,500 for Stillmeadows spruce ups

HOPE for All
$15,760 to buy furniture for former homeless households

i5 Serve
$10,000 to buy a mobile food pantry

LDC impact
The Local Development Council was established in Anne Arundel County after the opening of Live! Casino & Hotel on June 6, 2012. Appointed by the County Executive, the Local Development Council consists of 15 members to serve and advise the County on recommendations for the distribution and expenditure of revenues raised at Live! Casino & Hotel through local impact grants.

Since its formation in 2012, the LDC has awarded nearly $130 Million in grants towards schools, public safety, county operational and capital programs, and community grants.

Community based organizations and nonprofit groups located generally within a three-mile radius of Live! Casino & Hotel are eligible to apply for a local impact grant.

About Live! Casino & Hotel
Live! Casino & Hotel is one of the largest commercial casinos in the country, located in the Washington DC/Baltimore corridor, just off I-95, Route 100 and the B/W Parkway at Arundel Mills. Open 24/7/365, the property features more than 200 live action table games, including a Poker Room; approximately 4,000 slot machines; two High Limit rooms; and the Orchid Gaming & Smoking Patio. Guests can enjoy five-star accommodations, including 310 luxury guest rooms; the Live! Spa; world-class dining, featuring the Zagat-rated #1 steakhouse The Prime Rib®; David’s, a 24-hour café; Bobby’s Burger Palace, from celebrated chef Bobby Flay; The Cheesecake Factory®; Luk Fu and 8 at Luk Fu, serving authentic sushi and Asian cuisine; Morty’s Deli; Latin cuisine at En Vivo; Phillips® Seafood Express; and Luckies, offering Starbucks coffee, pastries, and Italian gelato; and a sizzling nightlife, including nightly entertainment at Live! Center Stage; the R Bar; and The Lobby Bar at David’s. A 4,000-seat Event Center, opening in two phases, featuring 40,000-square-feet of meeting and banquet space, and a performance venue with a regular lineup of headline entertainment completes the Live! experience. Enjoy secure covered parking with valet service and a free self-park garage with Park Assist® and direct elevator access to the casino floor. The newly-renovated Live! Lofts boutique hotel, located just minutes from the Casino, features 250 guest rooms and suites, and approximately 3,400-square-feet of meeting and banquet space. For reservations, call 443-445-2929, or book online at LiveCasinoHotel.com. Live! Casino & Hotel and Live! Lofts are owned and operated by a company that is affiliated with The Cordish Companies. Call 855-5MD-LIVE (855-563-5483); or visit LiveCasinoHotel.com or LiveCasino.social.

About The Cordish Companies
The Cordish Companies’ origins date back to 1910 and encompass four generations of privately-held, family ownership. During the past ten decades, The Cordish Companies has grown into a global leader in Commercial Real Estate; Entertainment Districts; Sports-Anchored Developments; Gaming; Hotels; Residential Properties; Restaurants; International Development; Coworking Spaces; and Private Equity. One of the largest and most respected developers in the world, The Cordish Companies has been awarded an unprecedented seven Urban Land Institute Awards for Excellence for public-private developments that are of unique significance to the cities in which they are located. The Cordish Companies has developed and operates highly acclaimed dining, entertainment and hospitality destinations throughout the United States, many falling under The Cordish Companies’ Live! Brand, highly regarded as one of the premier entertainment brands in the country. Welcoming over 50 million visitors per year, these developments are among the highest profile dining, entertainment, gaming, hotel and sports-anchored destinations in the country. Over the generations, The Cordish Companies has remained true to the family’s core values of quality, entrepreneurial spirit, long-term personal relationships and integrity. As a testimony to the long-term vision of its family leadership, The Cordish Companies still owns and manages virtually every business it has created.

“The Cordish Companies,” “The Cordish Company” and “Cordish” are trademarks used under license by independent corporations, legal liability companies and partnerships (“Cordish Entities”). Each Cordish Entity is a separate, single-purpose legal entity that is solely responsible for its obligations and liabilities. No common operations or financial interdependency, and no intermingling of assets or liabilities of the Cordish Entities exists, or should be deemed to exist, as a result of the potential common reference to multiple independent entities operating under the names “Cordish,” “The Cordish Companies” or “The Cordish Company” here or elsewhere.

Source: The Cordish Companies

Gambling in the USA

Gaming Americas Weekly Roundup – May 17-23

Niji Narayan

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Reading Time: 2 minutes

Welcome to our weekly roundup of American gambling news again! It was again an eventful week at the USA, despite the still-active virus attack.

The good news is that the lock-down and social restrictions to tackle the COVID-19 pandemic have been eased in many states. As a result, most of the industrial sectors are resuming their operations. Same in the case of the gambling sector too. Several gambling companies too have restarted their operations and some others are on way to resume.

We also report new partnership deals, publication of financial results, and COVID-19 relief efforts in this weekly round-up. Read on and get updated.

Partnership Deals

Evolution Gaming signed a strategic agreement with online casino operator Golden Nugget. The deal will see Golden Nugget’s existing online offering further enhanced in New Jersey, and potentially in other US states in the future, by the addition of Evolution’s US online Live Casino services. As per the deal, Golden Nugget’s online players will have access to unique Evolution game types such as Dream Catcher, Side Bet City, and Top Card, as well as other games from the Evolution portfolio.

Also, the leading sportsbook and casino platform provider BetConnections inked an agreement to obtain DS Virtual Gaming’s full list of games. The integration of the games will give players access to a selection of DS VG’s hit releases with HD video content and state-of-the-art graphics.

There was happy news about Konami Gaming too as its SYNKROS CMS has been selected by Jamul Casino to deliver comprehensive gaming enterprise management across the 200,000 square foot destination.

Konami’s SYNKROS will deliver its leading systems technology across Jamul Casino’s 39 live table games, 1600+ slot games, restaurants, bars, and more.

Financial Reports

The Delaware Lottery reported a 39% year on year increase in online gambling revenues for April 2020. While the state’s land-based venues have been forced to close due to COVID-19, players have turned to online sites instead.

Delaware Park, Dover Downs, and the Harrington Raceway generated total revenues of US$856,182, up from US$615,772 the previous year. This number was and also higher than the US$514,959 generated in March this year.

COVID-19 Relief Efforts

The Alabama Food Bank Association received support from Wind Creek Hospitality, a company owned by the Alabama-based Poarch Band of Creek Indians, to help provide 250,000 meals to Alabama families during the COVID-19 pandemic. The support comes at a critical time for food banks in Alabama as they respond to a greater need during this unprecedented crisis.

Announcements

Ulrik Bengtsson, CEO of William Hill, has revealed that the company is planning to launch online casinos in the US in the second half of 2020.

Despite taking a hit to its results in Q1 2020, William Hill is determined to power up quickly in the second half of the year.

Surveys

Fantasy sports site Monkey Knife Fight (MKF) found in a recent survey of its 1000 users that the popularity of golf will soar both on viewership and participation.

Of MKF’s users, 76% reported that they would participate in a fantasy golf prop contest once golf returns. This is in sharp contrast (181% increase) to the 27% that reported ever having played one MKF golf prop contest before the pandemic.

Compliance

The Colombian gambling regulator Coljuegos published the live casino regulations. These regulations allow the country’s licensed gambling operators to offer live casino games from casinos or studios located within Colombia or overseas, subject to the certification of games by an approved testing house.

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Gambling in the USA

Grover Gaming Surpasses $150M Raised for Charities

Niji Narayan

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Grover Gaming Surpasses $150M Raised for Charities
Reading Time: < 1 minute

 

Greenville-based Grover Gaming has announced that it had surpassed $150 million in monies raised for charities through their charitable gaming and partners across the US.

These partners represent hundreds of charities, organisations, and fraternal groups, including the Loyal Order of the Moose, Veterans of Foreign Wars, the American Legion, the Benevolent and Protective Order of the Elks, the Fraternal Order of Eagles, and many others. These organisations are responsible for the support and care of millions of Americans and Veterans through hospitals, schools, retirement homes, and research centers.

“This is another incredible milestone for our charitable gaming partners. As the past few months have shown, charities and fraternal organizations often take the lead when it comes to providing help and support during difficult times within their communities. We’re proud to help our partners fulfill that mission as we continue to provide the most entertaining gaming experiences in the industry,” Garrett Blackwelder, President of Grover Gaming, said.

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Gambling in the USA

AGS Partners with Kindred to Offer Online Real-money Games in New Jersey

Niji Narayan

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AGS Partners with Kindred to Offer Online Real-money Games in New Jersey
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AGS has partnered with the Kindred Group to provide its online, real-money games for Kindred’s Unibet brand in New Jersey.

AGS has launched on Kindred Group’s nj.unibet.com with six of its highest-performing games: Fu Nan Fu Nu, Golden Wins, Jade Wins, Longhorn Jackpots, Olympus Strikes and Rakin’ Bacon.

“It’s exciting for AGS to partner with the Kindred Group and provide our high-volatility, entertaining, and proven slot content for their Unibet New Jersey online casino. Kindred’s Unibet brand enables us to introduce our popular AGS games to thousands of new fans and to partner with one of the world’s largest online gaming operators,” Matt Reback, Executive Vice President of AGS, said.

“It has been a true pleasure working with AGS on the launch of their games. AGS game titles are certainly well-known to retail players in the U.S. and are proving to be just as popular with online slot enthusiasts who seek high-volatility thrills and popular features like pick’em bonuses, progressive jackpots, and free games. We look forward to growing our partnership with AGS as we expand our reach in the U.S.” Manuel Stan, Kindred Group U.S. Senior Vice President, said.

AGS offers its game content to seven online operators in New Jersey and Pennsylvania, including Rush Street Interactive, Caesars Entertainment, Golden Nugget, Kindred Group, Mohegan Sun, Resorts World and Parx Casino.

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