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September 22, 2011

WP: Landow to bid on Rocky Gap

Friday is the deadline for bidding on slots at the state-owned Rocky Gap resort. The provisions of the offer also require bidders to take Rocky Gap, a longtime white elephant, off the state's hands. There was some doubt as to whether anybody would be interested and whether the state would be 0 for 3 in trying to get somebody to put slots out there. Now, reports the Post's John Wagner:

Landow said in an interview that his family-owned company will place a bid on Friday, when applications are also due for a slots site in downtown Baltimore, where 3,750 machines are allowed.

Landow said he would propose adding and upgrading other amenities at the lodge, which was financed by the state and has long struggled to become profitable. The property already includes a day spa and an 18-hole “Jack Nicholas Signature Golf Course.”

Posted by Jay Hancock at 8:52 AM | | Comments (0)
Categories: Slots
        

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About Jay Hancock
Jay Hancock has been a financial columnist for The Baltimore Sun since 2001. He has also been The Baltimore Sun's diplomatic correspondent in Washington and its chief economics writer. Before moving to Baltimore in 1994 he worked for The Virginian-Pilot of Norfolk and The Daily Press of Newport News.

His columns appear Tuesdays and Sundays.
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