Greenwood Racing seeks Prince George’s casino decision delay -- Gazette.Net


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Greenwood Racing, one of three companies looking to operate Prince George’s County’s first casino, has requested that the Maryland Video Lottery Facility Location Commission delay awarding Maryland’s sixth casino license.

The Pennsylvania-based company sent a 68-page document to the commission on Friday outlining the request. Las Vegas-based MGM Resorts International and Penn National Gaming are also vying for the county’s license.

Greenwood Racing has proposed a $761 million Parx Casino on Indian Head Highway in Fort Washington. MGM has proposed a $900 million casino in Oxon Hill at National Harbor and Penn National Gaming wants to expand Fort Washington-based Rosecroft Raceway with a $700 million Hollywood Casino property. Greenwood Racing disputes state-hired consultant reports that MGM would have the highest earnings if selected.

In a Dec. 12 public conference call, consultants said MGM would generate annual gambling revenue between $713 million and $719 million, while the Parx Casino would generate between $617 and $682 million and the Hollywood Casino would generate between $551 million and $560 million.

The commission is slated to meet Dec. 20 where it will hold a public conference at 1800 Washington Blvd, Baltimore, and make a decision on the license.

Commission spokeswoman Jaclyn Vincent said in an email that the commission could choose to delay its decision, but declined further comment.

One of the reasons why MGM’s National Harbor casino would have higher revenue is due to its location three to four minutes closer to core customers from Virginia and Washington, D.C., according to the consultants.

Greenwood Racing CEO Tony Ricci said his company takes issue with that fact as whichever casino selected will be the only casino in that area. The documents states the casino would be in a monopoly market so it doesn’t make sense to compare travel times.

“At the very least, given the substantial issues and questions with the consultant portion of this process, the commission should consider extending its review of the proposals beyond Dec. 20,” Greenwood Racing’s attorney Mark Stewart said in the document.

In a released statement, Commission Chairman Donald C. Fry said the documents sent by Greenwood Racing will be included in all of the information given to commissioners making the decision.

“The sufficiency of the answers provided by the consultants to the questions posed by the commissioners or applicants rests with the members of the commission,” Fry said.

MGM National Harbor and president Lorenzo Creighton said in an e-mail, “We find no reason to delay the commission’s decision, which would undoubtedly delay jobs and financial benefits to the state and to the residents of Prince George’s County.”

Penn National Gaming did not immediately return phone calls for comment Tuesday.



ccook@gazette.net