Connect with us

Latest News

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

Published

on

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


Source: Latest News on European Gaming Media Network

Latest News

New headquarters for DraftKings

Published

on

New headquarters for DraftKingsReading Time: 1 minute

 

DraftKings, one of Boston’s largest tech companies, is moving into a new corporate headquarters in downtown Boston, as it planned to grow from 425 employees to more than 700 employees in 2019. About 600 of those workers were expected to be based in Boston.

Company executives are hosting a ribbon cutting and tour of the 105,000-square-foot space near Copley Square in the city’s Back Bay neighbourhood.

DraftKings was founded in 2012 and made its mark as a major force in daily fantasy sports. The company is currently located in an office building near South Station.

 


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: New headquarters for DraftKings

Continue Reading

Latest News

AGTech announces revenue report of 2018

Published

on

AGTech announces revenue report of 2018Reading Time: 1 minute

 

AGTech Holdings Limited announced its final results for the last year, revealing a profit of approximately HK$317.1 million (US$40.4 million). The results were up from a loss of HK$302.2 million in the prior year period.

Revenue of the group, however, was down 44.2 per cent year-on-year to approximately HK$168.6 million.

The main revenue contributions were from lottery hardware, lottery games, and systems, provision of distribution and ancillary services, games and entertainment business in the PRC.

The decrease in revenue was caused by an HK$86.0 million decrease in revenue from its games and entertainment division and a decrease in sales of lottery hardware of approximately HK$60.3 million.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: AGTech announces revenue report of 2018

Continue Reading

Latest News

AGS Demonstrates Its Obsession With Tribal Gaming At The NIGA Indian Gaming Trade Show April 3-4; New Orion Upright Cabinet Makes NIGA Debut

Published

on

AGS Demonstrates Its Obsession With Tribal Gaming At The NIGA Indian Gaming Trade Show April 3-4; New Orion Upright Cabinet Makes NIGA DebutReading Time: 3 minutes

 

Company’s passion for the game takes center stage as AGS displays full lineup of new slot and table games, and online social and real-money games

 

AGS today announced that it will be exhibiting at NIGA‘s Indian Gaming Trade Show April 3-4 in San Diego, with a spotlight on the Company’s newest core slot cabinet – the Orion Upright℠ – along with a host of new slot titles, table products, and online social and real-money gaming solutions.

AGS will be live in Booth No. 1651 at the San Diego Convention Center. Taking center stage will be AGS’ new Orion Upright, a core cabinet with many of the same features as the Company’s award-winning Orion Portrait℠ and Orion Slant℠ platforms, including the distinctive starwall design featuring 420 game-synchronized full-color LED lights to celebrate gameplay. The Orion Upright is launching with a library of exclusive new titles and greatest hits from AGS’ ICON™ cabinet.

Debuting for the first time at NIGA, gaming operators will experience AGS’ Orion Upright with the new Fortune Blast™ family featuring four brand-new titles — Luck and Luxury™, Imperial Luck®, Goddess Treasures®, and Blazing Luck™. This new series offers ways or line-pay evaluation for more winning opportunities, and a symbol-locking feature to keep players on the edge of their seats.

AGS President and Chief Executive Officer David Lopez said, “NIGA is a show we look forward to every year because it gives us a chance to meet with our tribal operator-partners in an intimate setting and highlight our newest and most exciting products that are launching over the year. This year we are very excited about our new Orion Upright because it fills a need on many casino floors for a differentiated, attractive, and sophisticated core cabinet with great content.”

The Company will also showcase its hottest new Class II and Class III titles for the Orion Portrait platform, including Crystal Magic®, Hearts and Horns™, Enchanted Pearl™, and the popular Rakin’ Bacon!™ with its cherubic pig that gets fatter and fatter as the wins add up. Hailing from the Company’s Australia game-development studio, the title Red Silk™ showcases a fresh new family on Orion Portrait featuring a three-level linked progressive, a wild reel feature, and up to 10 free games. For the Orion Slant, AGS will spotlight the Fa Cai Shu™ and Kingdom Ca$h® families, which offer themed banking, linked progressive jackpots, and a variety of math models for a diverse and exciting gaming experience.

AGS continues to propel its table products business with a host of new proprietary table games and table solutions. NIGA attendees will get to experience Super Start Hold’em™, a poker-style game whereby the players always start with the better two-card hand than the dealer; the popular Criss Cross Poker™ with Bonus Spin™; Blackjack Match Progressive™ featuring the popular must-hit-by jackpot level; and Three Card Blitz, an exciting new flush-based game featuring player vs. dealer excitement to achieve the highest-scoring hand using up to three suited cards.

AGS will demonstrate its two table-game progressive platforms – STAX™ and Bonus Spin – which just reached a milestone of more than 1,000 units installed across the U.S. with a healthy backlog of orders planned throughout 2019. The award-winning STAX has a must-hit-by option that is driving demand and excitement on games like Super 4®, Blackjack Match™, and Royal 9™ as players anticipate the chance to win one of the five progressive jackpots. And Bonus Spin offers an eye-catching and anticipatory experience with its virtual prize wheel.

From its table equipment lineup, AGS will showcase the Dex S™ single-deck poker shuffler, featuring a streamlined design that is economical, durable, reliable, and exceptionally functional.

In the Company’s Interactive display, AGS will showcase its ConnexSys™ Social White-Label Casino solution, a turnkey, free-to-play mobile casino app that integrates the casino brand with AGS’ proven and player-favorite land-based titles to keep players engaged at home, work, and on-the-go.

And with real-money gaming at the forefront of many tribal gaming operators’ agendas, AGS will also be on hand to provide live demonstrations of its AxSys Games Marketplace™ and large library of titles, featuring AGS top-performing games as well as a host of entertaining games from third-party developers.

 

About AGS:
AGS is a global company focused on creating a diverse mix of entertaining gaming experiences for every kind of player. Our roots are firmly planted in the Class II Native American gaming market, but our customer-centric culture and growth have helped us branch out to become a leading all-inclusive commercial gaming supplier. Powered by high-performing Class II and Class III slot products, an expansive table products portfolio, real-money gaming platforms and content, highly rated social casino solutions for operators and players, and best-in-class service, we offer an unmatched value proposition for our casino partners. Learn more at www.playags.com.

 

©2019 PlayAGS, Inc. All® notices signify marks registered in the United States.  All ™ and ℠ notices signify unregistered trademarks. Products referenced herein are sold by AGS LLC or other subsidiaries of PlayAGS, Inc.

Source: AGS


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: AGS Demonstrates Its Obsession With Tribal Gaming At The NIGA Indian Gaming Trade Show April 3-4; New Orion Upright Cabinet Makes NIGA Debut

Continue Reading
Advertisement
NSoft

Industry News

  • Live Event/Conference
  • Press Releases
  • Latest News
  • Gambling in the USA
  • European Commission

The online and land-based gambling industry is well connected in the Baltics and it has been just la [...]

  MARE BALTICUM Gaming Summit is the leading conference of the Baltic and Scandinavian gambling indu [...]

  SBTech announced as Lanyards Sponsor of MARE BALTICUM Gaming Summit 2 – The Baltic and Scandinavia [...]

  The third edition of Prague Gaming Summit took place last week at the ‘traditional base’ of the co [...]

  It has been reported by industry media that Latvia’s parliament has decided to ban gambling halls [...]

  Company’s passion for the game takes center stage as AGS displays full lineup of new slot and tabl [...]

  theLotter.com: “International ticket sales higher than ever”   Powerball does it again – up until [...]

  Esports betting platform Luckbox has announced a partnership with leading ID verification speciali [...]

  New Jersey Governor Phil Murphy will share his vision for the future of sports betting in the stat [...]

  Smarkets, one of the world’s largest betting exchange and prediction market platforms, has this mo [...]

  DraftKings, one of Boston’s largest tech companies, is moving into a new corporate headquarters in [...]

  AGTech Holdings Limited announced its final results for the last year, revealing a profit of appro [...]

  Caesars Palace is one of the largest properties in that part of Las Vegas with a variety of spacio [...]

  GVC Holdings is seeking a new Chairman, as incumbent Lee Feldman is preparing to announce his form [...]

  The Parliament of Kosovo to suspend all gambling activities in the country. The move to ban gambli [...]

  DraftKings, one of Boston’s largest tech companies, is moving into a new corporate headquarters in [...]

  Company’s passion for the game takes center stage as AGS displays full lineup of new slot and tabl [...]

  Caesars Palace is one of the largest properties in that part of Las Vegas with a variety of spacio [...]

  theLotter.com: “International ticket sales higher than ever”   Powerball does it again – up until [...]

  New Jersey Governor Phil Murphy will share his vision for the future of sports betting in the stat [...]

  Today, the new measures to counter money laundering by criminal law enter into force across the EU [...]

Brussels, 19 June 2018 – Digital Single Market: EU negotiators reach a political agreement on free f [...]

LONDON, June 18, 2018 — Codewise, the industry’s first provider of AI-powered online ad measurement [...]

Brussels, 6 June 2018 – The European Parliament and the Council reached late last night a political [...]

Tre

%d bloggers like this: