Cordish Lambasts Jockey Club for Threatening Closure
Our slots facility will remain at Arundel Mills. Only the Mills has a license and it is not subject to further Referendum. Under no circumstances can or will slots be moved to
(1) The State licensed Cordish for the Mills because it maximizes revenue to the State Education Fund and the Mills will produce $400 million a year for this Fund. These funds are mandated by the Constitution to go to a separate segregated Education Trust Fund and cannot be moved.
(2) 9-1/2% of gross revenues from Arundel Mills will be paid to the horse racing industry and racing will receive a much higher annual amount from the Mills than anywhere else in the State.
(3) The Mills casino is in an independent building separated by a road from Arundel Mills. It is in an ideal commercial district and not a massive residential neighborhood like
(4) The Mills is the #1 tourist destination in
It is reprehensible that these foreign companies would be funding an effort to delay the flow of massive funds to Horse Racing, with Arundel Mills licensed and ready to maximize slots revenue not only to Horse Racing, but to Education in our State and
Sharon Roberts, Executive Vice President of the Cloverleaf Standardbreds Owners Association further stated, "Today’s announcement shows why
Ralph Hayward, President of the Standardbred Breeders Association added, "Fortunately the State of
The Maryland State Lottery VLT Location Commission determined that Arundel Mills was one of the top gaming sites in the entire country. The Cordish Company urges Anne Arundel County voters to Vote For Question A this November 2nd to help generate tens of millions of dollars to subsidize the horse racing industry creating $400 million per year of new funds to the State’s Education Trust Fund which is locked in by the Maryland Constitution and cannot be altered by the State, and millions for Anne Arundel County. The Referendum is about jobs and lower taxes for
It is time for voters to bet on the home team. The State asked us and Laurel to put up $28 million. We did so;