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The Cordish Companies’ Live! Casino & Hotel And The Anne Arundel County Local Development Council Award $19 Million In Local Impact And Community Grants For FY2019

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The Cordish Companies' Live! Casino & Hotel And The Anne Arundel County Local Development Council Award $19 Million In Local Impact And Community Grants For FY2019Reading Time: 5 minutes

 

Total Funds Disseminated by the LDC in Six Years Approaches $130 Million in Support of Anne Arundel County Schools, Public Safety, Operational and Capital Programs, Non-Profit Organizations and Community Associations

 

The Cordish Companies‘ Live! Casino & Hotel and the Anne Arundel County Local Development Council (LDC) awarded $19 Million in local impact and community grants to organizations in Anne Arundel County for Fiscal Year 2019. The grant and funding recipients were officially announced at a press conference and ceremony, held at the new Event Center at Live! Casino & Hotel.

This year’s grants bring the total funds in support of Anne Arundel County organizations to nearly $130 Million since Live! Casino opened in June 2012.

Joe Weinberg, Managing Partner of The Cordish Companies, joined Anne Arundel County Executive Steven Schuh, Delegate Pam Beidle, Anne Arundel County Councilman Pete Smith, and members of the Local Development Council (LDC) in presenting the grants to recipients ranging across county operational and capital programs, education, health and human services and community associations. The grant allocations were recommended by the LDC, which helps to manage the distribution of the county’s gaming tax revenue to local organizations.

“Live! Casino & Hotel and The Cordish Companies feel a deep commitment to improving the quality of life for all those who live and work in the Region,” said Weinberg. “The opening of Live! Hotel and the Event Center that will house County school graduations and other community events only increases our support of local programs which promote schools, public safety, diversity, community development and an excellent overall standard of living.”

Attending local officials and business leaders who presented and accepted grants on behalf of several organizations included Anne Arundel County Police Chief Tim Altomare, Anne Arundel County Fire Chief Allan Graves, and Rebecca Paesch, Vice President of Strategy and Business Development for the Baltimore Washington Medical Center.

“Live! Casino & Hotel and The Cordish Companies have played a tremendous role in helping our community prosper, with their unwavering support of organizations and programs that serve the citizens of Anne Arundel County,” said County Executive Schuh. “From the fire and police departments to nonprofits that protect our most vulnerable population, we see great value in this partnership that gives back year after year.”

“Live! Casino & Hotel remains a valuable partner in helping us address the needs and priorities of the county,” said Karen McJunkin, LDC Chairperson. “We look forward to maintaining this beneficial partnership that supports county development. We are also thankful for the indirect impact from visitors to Maryland’s number one tourist destination. Their entertainment and gaming dollars have had a tremendous impact in fostering growth for county organizations.”

The Local Impact Grant Recipients for Fiscal Year 2019 include:

Anne Arundel County Fire Department

$5,598,000

Anne Arundel County Police Department

$3,459,200

Anne Arundel County Office of Public Works /
Dept. of Planning & Zoning

$2,900,000

Anne Arundel Community College

$1,700,000

BWI Partnership

$1,059,000

Anne Arundel County Library System

$1,010,000

Anne Arundel County Recreations & Parks

$900,000

ARC of the Chesapeake

$600,000

Fort Meade Alliance Foundation

$500,000

Community Grants

$350,000

Spring Meadows Homeowners Association

$300,000

Anne Arundel Workforce Development

$270,000

United Way of Central Maryland

$200,000

Administrative Support

$100,000

Baltimore Washington Medical Center

$40,000

Partners In Care

$40,000

Boys & Girls Clubs of Annapolis & AA County

$40,000

FY 2019 TOTAL:

$19,066,200

 

Recipients of the $350,000 in community support grants include the following:

STAIR
$8,500 to develop an early reading intervention program at Severn Elementary.

MacArthur Middle School
$39,303 to add classroom projectors

Meade High School
$29,819 to give Chromebooks to students

Annapolis Maritime Museum
$13,072 to implement an Oyster/Bay Education program for Meade Middle School

Junior Achievement
$15,000 for a mentoring program at various county schools

Frank Hebron-Harman Elementary
$23,500 to give Chromebooks to students

Jessup Improvement Association
$30,625 to build a new roof for the community hall

Ridgewood Estates
$25,732 to build a new community sign

Wesley Grove
$25,000 to replace the stove and renovate the kitchen

Ridge Forest
$20,000 for tree placement

Ridge Commons
$16,500 to purchase playground equipment and a tot lot.

Christians Assistance Program
$12,689 to purchase a food pantry

Sarah’s House
$25,000 to benefit childcare for homeless families

Rebuilding Together
$39,500 for Stillmeadows spruce ups

HOPE for All
$15,760 to buy furniture for former homeless households

i5 Serve
$10,000 to buy a mobile food pantry

LDC impact
The Local Development Council was established in Anne Arundel County after the opening of Live! Casino & Hotel on June 6, 2012. Appointed by the County Executive, the Local Development Council consists of 15 members to serve and advise the County on recommendations for the distribution and expenditure of revenues raised at Live! Casino & Hotel through local impact grants.

Since its formation in 2012, the LDC has awarded nearly $130 Million in grants towards schools, public safety, county operational and capital programs, and community grants.

Community based organizations and nonprofit groups located generally within a three-mile radius of Live! Casino & Hotel are eligible to apply for a local impact grant.

About Live! Casino & Hotel
Live! Casino & Hotel is one of the largest commercial casinos in the country, located in the Washington DC/Baltimore corridor, just off I-95, Route 100 and the B/W Parkway at Arundel Mills. Open 24/7/365, the property features more than 200 live action table games, including a Poker Room; approximately 4,000 slot machines; two High Limit rooms; and the Orchid Gaming & Smoking Patio. Guests can enjoy five-star accommodations, including 310 luxury guest rooms; the Live! Spa; world-class dining, featuring the Zagat-rated #1 steakhouse The Prime Rib®; David’s, a 24-hour café; Bobby’s Burger Palace, from celebrated chef Bobby Flay; The Cheesecake Factory®; Luk Fu and 8 at Luk Fu, serving authentic sushi and Asian cuisine; Morty’s Deli; Latin cuisine at En Vivo; Phillips® Seafood Express; and Luckies, offering Starbucks coffee, pastries, and Italian gelato; and a sizzling nightlife, including nightly entertainment at Live! Center Stage; the R Bar; and The Lobby Bar at David’s. A 4,000-seat Event Center, opening in two phases, featuring 40,000-square-feet of meeting and banquet space, and a performance venue with a regular lineup of headline entertainment completes the Live! experience. Enjoy secure covered parking with valet service and a free self-park garage with Park Assist® and direct elevator access to the casino floor. The newly-renovated Live! Lofts boutique hotel, located just minutes from the Casino, features 250 guest rooms and suites, and approximately 3,400-square-feet of meeting and banquet space. For reservations, call 443-445-2929, or book online at LiveCasinoHotel.com. Live! Casino & Hotel and Live! Lofts are owned and operated by a company that is affiliated with The Cordish Companies. Call 855-5MD-LIVE (855-563-5483); or visit LiveCasinoHotel.com or LiveCasino.social.

About The Cordish Companies
The Cordish Companies’ origins date back to 1910 and encompass four generations of privately-held, family ownership. During the past ten decades, The Cordish Companies has grown into a global leader in Commercial Real Estate; Entertainment Districts; Sports-Anchored Developments; Gaming; Hotels; Residential Properties; Restaurants; International Development; Coworking Spaces; and Private Equity. One of the largest and most respected developers in the world, The Cordish Companies has been awarded an unprecedented seven Urban Land Institute Awards for Excellence for public-private developments that are of unique significance to the cities in which they are located. The Cordish Companies has developed and operates highly acclaimed dining, entertainment and hospitality destinations throughout the United States, many falling under The Cordish Companies’ Live! Brand, highly regarded as one of the premier entertainment brands in the country. Welcoming over 50 million visitors per year, these developments are among the highest profile dining, entertainment, gaming, hotel and sports-anchored destinations in the country. Over the generations, The Cordish Companies has remained true to the family’s core values of quality, entrepreneurial spirit, long-term personal relationships and integrity. As a testimony to the long-term vision of its family leadership, The Cordish Companies still owns and manages virtually every business it has created.

“The Cordish Companies,” “The Cordish Company” and “Cordish” are trademarks used under license by independent corporations, legal liability companies and partnerships (“Cordish Entities”). Each Cordish Entity is a separate, single-purpose legal entity that is solely responsible for its obligations and liabilities. No common operations or financial interdependency, and no intermingling of assets or liabilities of the Cordish Entities exists, or should be deemed to exist, as a result of the potential common reference to multiple independent entities operating under the names “Cordish,” “The Cordish Companies” or “The Cordish Company” here or elsewhere.

Source: The Cordish Companies


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SBTech signs five-year sportsbook extension with betting powerhouse Bethard

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SBTech signs five-year sportsbook extension with betting powerhouse BethardReading Time: 3 minutes

 

Scandinavian sports betting group continues successful partnership to drive further international expansion

 

SBTech, the leading sports betting and gaming technology supplier to the regulated iGaming sector, has confirmed a five-year partnership extension with Bethard, in a deal that underpins the operator’s continued aggressive international expansion strategy.

The supplier’s sportsbook, complete with the industry’s most technologically advanced pre-match and in-play betting features, has been central to Bethard’s exceptional financial results, with exponential growth across the company’s multi-brand portfolio in key regulated markets including the UK.

Bethard enjoyed its most successful summer, becoming one of the top performers in the SBTech partner network during the football World Cup. This was also driven by “The Zlatan Challenge”, a unique World Cup prediction tournament fronted by the soccer legend, offering a total prize pool of €200,000.

As Bethard moves to widen its international footprint, SBTech’s award-winning sportsbook will continue to be at the core of its multi-year plan to cement its status as one of the leading Nordic and global betting brands.

Andrew Cochrane, CCO of SBTech, said: “The extension of our agreement with Bethard is testament to the increasing value of our partnership and the high level of trust we’ve built with the team over the past few years.

“We work closely with our operators to grow their revenues and have a proven track record of delivering above average market growth. Our goal is to always provide our customers with superior solutions that deliver standout value in the most competitive regulated territories, and I anticipate even greater success for both companies as the latest chapter in the Bethard story unfolds.”

Erik Scarp, CEO of Bethard, added: “Our partnership with SBTech has been a significant growth driver for the business across key markets, and I’m delighted we have agreed a long-term extension in line with our rapid expansion into a host of new and emerging territories.

“The SBTech sportsbook is hugely powerful and provides us with great flexibility, differentiation and speed to market which mirrors our existing and new markets strategy. Our continuing relationship with SBTech means the future is very bright indeed.”

 

About SBTech

SBTech is a global leader in omni-channel sports betting and gaming, with more than 1,100 employees in nine offices worldwide. Since 2007, the group has developed the industry’s most powerful online sports betting and casino platform, serving licensees in more than 20 regulated markets.

SBTech’s clients include many of the world’s premier betting and gaming operators, state lotteries, land-based casinos, horse racing companies, and igaming start-ups. The group supplies highly flexible betting and gaming solutions to clients looking for exceptional configurability and the quickest route to market, complemented by proven business intelligence and reporting capabilities.

The SBTech offering includes its seamless sportsbook, Chameleon360 igaming platform, managed services, on-property sportsbook and omni-channel solutions that provide players with constant access to sports and casino products across all online, mobile and retail channels.

Supported by unrivalled expertise in trading and risk management, acquisition and CRM, and the highest standards of regulatory compliance, SBTech’s partners consistently achieve rapid growth, enhanced brand loyalty and record revenues.  For more information, visit: www.sbtech.com

 

About Bethard

Set on becoming a world leading sportsbook, whilst at the same time offering a state-of-the-art technical platform for its B2B customers, Bethard Group is building the next generation igaming company. We are driven, innovative and willing to take smart, calculated risks. The Bethard mission is to give potential winners across the globe the best gaming experience possible, by striving to improve our products, service, technology, communication and our game every day, all the time. That’s what we do to make sure winners keep joining us.

 


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Tencent to Showcase Optimized Cloud Services at G-STAR Gaming Event

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Tencent to Showcase Optimized Cloud Services at G-STAR Gaming EventReading Time: 2 minutes

 

Technology Leader to Demonstrate Cloud Services Enriched by Gaming Know-How

 

Tencent, a leading internet services provider, will showcase its cloud services and its one-of-a-kind gaming and social platform linkages at the G-STAR 2018 exhibition in Busan, Korea from November 15-18. The event, one of the world’s largest gaming exhibitions, will see the Chinese technology company — itself a renowned game developer — operating in familiar territory.

“We are keen to connect with our friends in the gaming industry and to demonstrate how our experience in the space has helped make Tencent Cloud the solution of choice for game developers and publishers,” said John Dao, Vice President of Tencent Cloud.

Tencent Cloud has 49 availability zones — each with high-speed connections offering 4T-protected bandwidth — that operate across 25 geographic regions globally. Tencent Cloud products support the whole life cycle of game development and operation as well as their rapid development of international business. In addition, Tencent Cloud offers seamless connectivity with QQ, WeChat, WeGame, Tencent App Store and other services operated by the company to provide a wealth of channel-based promotional resources and to help overseas gaming companies with expansion aiming to tap into the Chinese market.

In addition to an introductory conference, Tencent Cloud services will be showcased at Tencent‘s G-STAR exhibition booth. A number of hands-on interactive experiences will be available, including demonstrations of cloud gaming and immersive 3D audio effect of Game Multimedia Engine.

About G-Star 2018:

As one of the world’s top four gaming exhibitions, G-STAR has gone from being a regional industry conference to a truly international celebration for game developers and players from across the globe.

 

About Tencent:

Tencent uses technology to enrich the lives of Internet users. Our social products Weixin and QQ link our users to a rich digital content catalogue including games, video, music and books. Our proprietary targeting technology helps advertisers reach out to hundreds of millions of consumers in China. Our infrastructure services including payment, security, cloud and artificial intelligence create differentiated offerings and support our partners’ business growth. Tencent invests heavily in people and innovation, enabling us to evolve with the Internet.

Tencent was founded in Shenzhen, China, in 1998. Shares of Tencent are traded on the Main Board of the Stock Exchange of Hong Kong.

 

Source: Tencent Cloud


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IGT Enters Electronic Bingo Market in Canada

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IGT Enters Electronic Bingo Market in CanadaReading Time: 1 minute

 

Ontario Lottery and Gaming Corporation is first operator in Canada to feature IGT’s new electronic bingo content

 

International Game Technology PLC (“IGT”) (NYSE: IGT) today announced that the Company recently launched first-of-its-kind electronic bingo content for the Canadian market. The Ontario Lottery and Gaming Corporation (“OLG”) is the first Lottery in Canada to feature a range of IGT’s electronic bingo games through a pilot at twelve of OLG’s charitable gaming centers.

IGT’s engaging electronic bingo games such as Bengal Eyes®, Golden Rooster® and Pharaoh’s Legacy® are among the many exciting titles that players can enjoy at twelve OLG-governed charitable gaming destinations.

“Launching electronic bingo content in Canada represents a meaningful growth opportunity for IGT and our customers,” said David Flinn, IGT Regional Vice President Canada. “IGT’s bingo portfolio for Canada complements our existing solutions portfolio for the region, and is anchored in dynamic titles that were localized to meet the needs of our customers and their players. Following a successful launch with OLG, we look forward to extending our electronic bingo installed base to additional provinces throughout Canada.”

 

About IGT:
IGT (NYSE:IGT) is the global leader in gaming. We enable players to experience their favorite games across all channels and regulated segments, from Gaming Machines and Lotteries to Digital and Social Gaming. Leveraging a wealth of premium content, substantial investment in innovation, in-depth customer intelligence, operational expertise and leading-edge technology, our gaming solutions anticipate the demands of consumers wherever they decide to play. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has over 12,000 employees. For more information, please visit www.igt.com.

 

Source: IGT


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