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Construction Begins on Baltimore Casino

Construction Begins on Baltimore Casino

Construction has officially begun on the $400 million Baltimore Horseshoe casino.

Construction Begins on Baltimore Casino

The ground-breaking ceremony marked the official start of construction on the Baltimore Horseshoe Casino

Casino official Alex Dixon said, “The ground-breaking is a tremendous first step in bringing the physical building to fruition. It’s ceremonial in nature but provides a lot of motivation to the team.”

Dixon said that the project should be complete by the summer of next year. The casino has been greeted warmly by state and city officials such as Mayor Stephanie Rawlings-Blake.

It is thought that the casino will help attract visitors from Washington D.C., Virginia and other southern states.

The casino should generate over $275 million each year in gaming revenue and taxes for the state as well as $$32 million for Baltimore City. Furthermore, developers have promised to create 2,000 construction jobs and 1,700 permanent jobs. Dixon said, “There’s nothing more rewarding than to help offer someone a job. And doing that 1,700 times over will be even more rewarding.”

The finished casino will have 110,000 square feet of gaming space complete with slot machines, table games and a World Series of Poker room. There will also be two outward facing restaurants, a “Taste of Baltimore” food hall and three lounges.

OCA News Editor

Jenny McKinnley is OCA’s financial correspondent. After spending years on the trading floor in both NY and London, she offers insight from the inside out on world financial news and events.

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