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Requirements Leave Caesars With The Only Baltimore Gaming Bid

A group led by Caesars Entertainment was already considered to be the front runner to be awarded a casino license in Baltimore, Maryland. On Wednesday, the path to winning that license became a lot clearer for Caesars, as the other bidder in the process had their application thrown out.

The state slots commission threw out a bid by Baltimore City Casino LLC, claiming that the company did not meet the proper requirements before the deadline to do so. The elimination of Baltimore City Casinos almost guarantees that Caesars will be awarded the license moving forward.

Although Baltimore is a big city and one where most developers believe would be a big gaming area, developers stayed away from the bidding process. The licensing fee to bid on the casino was $22.5 million, and was due last week. The Baltimore City group acknowledged earlier this week that they were not prepared to make their formal proposal.

It was not necessarily the funding that was the problem for the gaming group. According to the slots commission, the group failed to supply affidavits that would have shown the principal partners did not have any conflict of interests. The application also lacked a litigation protest bond, and fees for background checks on its owners.

Another application was also rejected by the slots commission on Wednesday. The Allegany Entertainment Group and Potts Gaming were denied their application for a 200 machine casino at the Rocky Gap Lodge and Golf Resort. Rocky Gap will be awarded a slot hall, while Baltimore will be the home to a new stand alone casino.

The Northeast has become a hotbed for casino gambling since the economic recession of 2008. The recession left lawmakers looking for a new avenue to bring revenue into their state budgets, and casinos became a popular choice. Maryland, Pennsylvania, New York, Maine, and Delaware have all added new gaming facilities in the past two years, and several more casinos are in the works.

In New Jersey, the former gaming center of the East Coast, lawmakers are working on ways to add online gambling to their list of offerings. Senator Raymond Lesniak has reintroduced legislation to regulate online poker. The senator already pushed through an Internet gambling bill earlier this year, but the legislation was subsequently vetoed by Governor Chris Christie. Sen. Lesniak believes he has made the necessary adjustments needed for Christie to sign the current version of the bill.

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