The moniker is intended to reinforce the Cordish brand “Live!” and emphasize the addition of the hotel, expected to open in 2018. The changes include the new name, which was rolled out with little fanfare at the hotel groundbreaking in September and still isn’t in popular use. Live has sought to adapt to the marketplace. “We knew when opened up that there would be a lot of curiosity about the facility,” said Robert Norton, president of Cordish Global Gaming Group. Live is located about a dozen miles from Horseshoe and about 35 miles from MGM. The state received $510 million in revenue sharing from casinos in the last fiscal year, making it Maryland’s fourth-largest source of funds after income, sales and corporate taxes. Five Atlantic City casinos have shut down since 2014. Regional gambling has been thriving in many states even as the traditional Mid-Atlantic casino destination of Atlantic City, N.J., has been pinched. “If you took a poll at National Harbor and Live, my guess would be many regular customers frequent both locations.” “That being said, there is still enough business to go around between these three properties,” he said.

Woinski said MGM may hold an advantage during the summer tourist season because of its proximity to Washington’s popular destinations. “MGM is the more high-end, tourist and table game player while Live has the location and enough traffic near them to remain strong.” “I think both MGM and Live can both settle in with their own niche customer,” said Alan Woinski, president of Gaming USA Corp., which publishes industry newsletters. Baltimore Sun eNewspaper Home Page Close Menu

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