Officials from Maryland Live were joined by local and state officials Tuesday as The Cordish Cos. began construction on a $200 million hotel next to the casino.
The 17-story, 310-room hotel and event center will be owned and operated by The Cordish Cos., which also owns the casino.
Maryland Live’s new hotel — to include meeting space, a concert venue and spa — will provide its owner, Baltimore-based Cordish, “another tool in its toolbox,” said James Karmel, a casino analyst and history professor at Harford Community College.
“It would make sense that they’re looking to shore up their base, adding another perk for their higher-revenue players,” he said.
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