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it’s a case of exploring how the gambling focus is shifting

edit:casino time:2019-02-06

The new law permitting sports betting, cynics may claim, simply legitimizes what many people had already been doing already. Black market sports betting is reportedly worth around $150 billion a year. But in the case of casinos, everything is far more out in the open. After all, when a casino opens it’s there for everyone to see and, more importantly, visit. With the US economy doing well and unemployment falling, some think that there is certainly capacity for more bricks and mortar casinos to open, especially in states not particularly well-served by them at the moment.

Admittedly, Las Vegas is the undisputed capital of gambling in the country so perhaps a better comparison can be made with a state like Delaware. Here, there are just three casinos but one also has to take into account the population that they serve. The so-called “First State” has a population of under one million compared with Maryland’s six million inhabitants, which helps to bring things a little more into perspective.

Last year, the U.S. Supreme Court ruled in favor of sports betting. However, the ruling still left the final decision

Certainly, the industry seems to be in good health and in the first four months of 2018 alone casinos were reported to have raised $150 million in state and local taxes from the $414 million in revenue that they generated. Their contribution to the economy is significant in other ways too with an estimated 7,000 people being employed in the sector in dealer, hospitality and administrative roles.

Maryland Live! is owned by Cordish Companies and has a gaming floor of 160,000 sq ft with 200 gaming table, 4,350 slots and a 52 table poker room. With last year’s addition of a new hotel and conference centre, its popularity has increased even more.

A history of gambling in Maryland

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