Caesars Entertainment Corp. will develop a $300 million casino in downtown Baltimore after an investment group headed by the company was awarded a license Tuesday by Maryland gaming authorities. Caesars said it would build the casino in partnership with Detroit-based Rock Gaming.
The casino, named Harrah's Baltimore, will have 3,750 slot machine-like video lottery terminals and is expected to open in 2014. The casino will include several restaurants and will be just south of the football stadium where the Baltimore Ravens play. The Maryland Video Lottery Facility Location Commission granted the license and it was the fifth and final gaming license available in the state.
Maryland lawmakers are scheduled to meet in a special session next week to consider adding a sixth casino in suburban Prince George's County and to allow casinos to add table games. A casino in Prince George's County would be operated by MGM Resorts. The company plans to place the $700 million facility at National Harbor, a 350-acre complex on the Potomac River in southern Maryland that is a waterfront destination for the Washington area. The casino would be roughly 10 miles from the nation's capital.