HANOVER, Md. (AP) - The owners of the Live casino in Maryland are betting that a new companion hotel will help it compete in an increasingly crowded market for gamblers.
The Cordish Companies plan to open the Live hotel on the grounds of Arundel Mills mall on Wednesday, to coincide with the adjacent casino’s sixth anniversary.
The Baltimore Sun reports the 17-story, $200 million hotel is now the tallest building in Anne Arundel County.
Chairman David Cordish says a high-end hotel is needed to compete with MGM National Harbor, which is more convenient to gamblers in the D.C. and Virginia markets.
When MGM opened in December 2016 with an adjacent 300-room hotel, it quickly overtook Live casino as the top revenue generator among Maryland casinos.
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Information from: The Baltimore Sun, http://www.baltimoresun.com
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