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Maryland Live owner opines Maryland will at some stage take the legalisation route
David Cordish, chief executive of the Cordish Companies group, which owns and operates land casinos in the state of Maryland, came out in support of online gambling legalisation on the New Jersey model in a television interview with Brittany Umar of "The Street" this week.
The executive said that in his opinion legalisation in the United States will not be on a federal basis, but state by state, and that based on the New Jersey model where existing land casinos are given the opportunity to offer online gambling as well, this is a good thing for the industry.
Cordish said that he believed Maryland will eventually follow Delaware, Nevada and New Jersey on the legalisation path, creating more business opportunities for brick and mortar casino operators, and more tax revenues and employment in the states where it is legalised.
The Cordish group is Maryland's largest tax payer and employs several thousand state residents.
Cordish revealed that his company presently generates a million dollars a day in tax revenues, which are mandated for use in the Maryland education system; he expected the addition of online gambling could boost that tax contribution to around $430,000 to $450,000 a year.
View the interview here: http://www.youtube.com/watch?v=R1roPm-QcGw
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Final 12 For MPNPT Morocco -
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MPNPT Morocco Updates -
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2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
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New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
NY Rangers vs. Devils on 12/21 -
When the Devils and Rangers hit the ice on Thursday (7 PM ET on MSG), so too will two of the league’s top netminders. After a slow start to the season, Henrik Lundqvist has returned to his form of old. Through 29 games, he’s posted a 2.59 goals against average, and a .920 save percentage.
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