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
Reading 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 / |
$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
Sportradar Launches Gen AI Audio Advertising for Sportsbook and Casino Operators
Sportradar announced the launch of generative AI (gen AI) audio, a new feature within its ad:s multi-channel marketing service. The tool leverages the power of gen AI integrated with Sportradar’s live data, to automate the creation of personalized, real-time audio adverts for sportsbook and casino operators across one of the fastest growing digital marketing channels globally.
Ad:s gen AI audio provides operators with a ready-to-use audio marketing solution, allowing them to generate creative content during key sporting and gaming moments to efficiently scale advertising efforts into podcast streaming services and internet radio networks. Sportradar’s industry-leading technology automatically creates customised and dynamic adverts – featuring live-data to update odds, jackpots, and upcoming events— to increase brand awareness, uplift purchase intent and increase the likelihood of customer acquisition.
AI-generated audio adverts are the latest addition to Sportradar’s comprehensive, industry-leading, end-to-end marketing services, driving brand awareness, acquisition and retention across channels including programmatic display, video, audio, digital-out-of-home (DOOH), paid social media, paid search, sponsorships and affiliate marketing.
Niki Beier, SVP Marketing Services, said: “Sports fans and bettors are increasingly consuming audio content, with listenership increasing by over 1000% in the past seven years1. To deliver maximum marketing efficiency, we’re providing a sophisticated yet simple-to-use solution to sportsbook and casino operators. Through our gen AI technology, we’re making it easy for clients to integrate audio adverts into their acquisition and branding campaigns, to reach more customers with real-time relevant audio messages, without the need for creative teams or a high production budget.”
The post Sportradar Launches Gen AI Audio Advertising for Sportsbook and Casino Operators appeared first on European Gaming Industry News.
Latest News
CMA: Spreadex required to sell Sporting Index
An independent CMA panel has decided Spreadex should sell Sporting Index after finding the deal harmed competition for licensed online sports spread betting services.
The Competition and Markets Authority (CMA) has accepted the proposed sale of Sporting Index, to address the competition concerns it had found in the licensed online sports spread betting market, with some modifications and enhancements.
Last year, Spreadex acquired the ‘business-to-consumer’ business of Sporting Index from Sporting Group Holding Limited (Sporting Group). Spreadex and Sporting Index both provide sports fixed odds betting and sports spread betting services to customers based in the UK.
Sports spread betting involves customers betting on a range of outcomes of sporting events rather than the standard ‘win or lose’ outcomes offered by fixed-odds betting. In spread betting, the closer a customer’s bet is to an outcome, the more money they stand to win, and the further away from the outcome they are, the more they stand to lose. This means that, in contrast to fixed odds betting, customers’ wins and losses could be far higher than the amount they bet.
After conducting an in-depth Phase 2 investigation into the deal, the CMA’s independent panel has concluded the deal created a monopoly in the UK licensed online sports spread betting market, eliminating competition in that market. The panel concluded that the merger could lead to a worse user experience, a more limited range of products and/or higher prices for consumers in the UK.
The panel has concluded that, with some modifications and enhancements, the sale remedy proposed by Spreadex is sufficient to remedy the competition concerns and restore competition in this market that is lost as a result of the deal.
The CMA now has 12 weeks to either accept Final Undertakings from Spreadex, or to make a Final Order requiring Spreadex, to sell Sporting Index to a suitable CMA-approved buyer.
Richard Feasey, the chair of the independent panel reviewing the merger, said:
“This deal eliminates competition in the supply of licensed online sports spread betting services in the UK.
Sports spread betting – like any other market – needs competition to drive good customer experience, maintain choice and keep prices competitive. To achieve this, we have decided that Spreadex should sell Sporting Index, so that customers can choose between two firms for the best user experience and prices, rather than having to use only one. “
Further details are available on the SpreadEx / Sporting Index case page.
The post CMA: Spreadex required to sell Sporting Index appeared first on European Gaming Industry News.
Latest News
New Slot Game Launch – Lucky Clover from PopOK Gaming!
PopOK Gaming has officially released its latest slot game, Lucky Clover! This vibrant new game features colorful graphics and engaging symbols, inviting players to spin the reels in pursuit of luck and treasure.
Lucky Clover offers thrilling opportunities for exciting wins at every turn, making it an entertaining experience for both seasoned players and newcomers alike. With its charming design and dynamic gameplay, players will find themselves coming back for more.
Try your luck with Lucky Clover today and see if fortune is on your side!
The post New Slot Game Launch – Lucky Clover from PopOK Gaming! appeared first on European Gaming Industry News.
-
Latest News2 months ago
BlueOcean Gaming Wins Best Aggregator 2024 Award at SiGMA East Europe Awards
-
Latest News2 months ago
EGT’s bestseller Bell Link with another great success: Its bells are now ringing in the Czech market
-
Latest News2 months ago
BOS/The Swedish Trade Association for Online Gambling commissions Advisense to strengthen efforts against money laundering
-
Latest News2 months ago
MIRACL partners with Continent 8 to offer its single-step passwordless MFA solution to simplify the login experience
-
Latest News2 months ago
Applications invited to become safer gambling charity for 2025 editions of ICE, iGB Affiliate and iGB L!VE
-
Latest News2 months ago
ACR Poker’s OSS XL Exceeds Guarantee With Over $46 Million In Prize Pools
-
Latest News2 months ago
Match of LeGGends: Double Down. Highlights of the show match between NAVI and Team Vitality
-
Latest News2 months ago
FBMDS and FBM Foundation host solidarity keepy-uppy initiative at G2E Las Vegas 2024
You must be logged in to post a comment Login