The Cordish Companies' Maryland Live! Casino Generates Over $67 Million In Local Impact Grants In Its First Three Years

BALTIMORE, July 24, 2015 /PRNewswire/ -- Since opening on June 6, 2012, revenue from The Cordish Companies' Maryland Live! Casino has generated over $67 million in local impact grants to benefit numerous neighborhood civic organizations in Anne Arundel County.

The grants, which are derived from Maryland Live! Casino gaming tax, are awarded through recommendations from the Anne Arundel County Local Development Council (LDC), which helps to manage the allocation of county gaming tax revenue to local organizations. In just three years, the LDC has awarded over $67 million in grants towards county operational and capital programs, including over a million dollars in community grants.

"Our commitment to supporting the growth of Anne Arundel County is unwavering," said Joe Weinberg, Managing Partner, The Cordish Companies. "We are so proud to see funds of over $67 million generated from Maryland Live! Casino in just three years going to support and enhance worthwhile projects and communities in our area."

This week, The Cordish Companies and Anne Arundel County awarded $16 million in local impact grants for fiscal year 2016 as follows:

"I'm thrilled to see organizations in our area getting the financial support they need," said Anne Arundel County Executive Steve Schuh. "Maryland Live! and The Cordish Companies are fantastic partners in making Anne Arundel County the best place to live, work, and start a business in Maryland."

"The LDC members are very excited about several of the projects to be funded this year, including new vehicles for the Arundel Mills-based police force that allow them to better see across lanes in the parking lots, as well as new technology investments, such as license plate readers and communication boards, to assist in the prevention of crime," said Claire Louder, LDC Chairman. "In addition, we have the opportunity to improve the athletic fields at Meade High School, adding restrooms adjacent to the field in place of the current porta-potties and lighting for the walkway from the field to the parking lot."

The Local Development Council was established in Anne Arundel County after the opening of The Cordish Companies' Maryland Live! Casino on June 6, 2012. The LDC consists of 15 members appointed by the County Executive to serve and advise the County on recommendations for the distribution and expenditure of revenues raised at Maryland Live! Casino through local impact grants.

Community based organizations and nonprofit groups located generally within a three mile radius of Maryland Live! Casino are eligible to apply for a local impact grant. For more information and to apply for a grant, visit http://www.aacounty.org/LDC/index.cfm.

About Maryland Live! Casino

Maryland Live! Casino is conveniently located at the Arundel Mills Mall, halfway between Baltimore and Washington, directly off the Baltimore-Washington Parkway at Arundel Mills Blvd. and Route 100 in Hanover, MD (Anne Arundel County), with easy access off I-95 at Route 100. Open 24/7, the $500+ million Maryland Live! Casino is one of the largest commercial casinos in the country with more than 200 live action table games, including Blackjack, Craps, Roulette, Baccarat, Pai Gow, and a Poker Room; approximately 4,000 of the latest slot machines; and two High Limit rooms. A variety of irresistible dining options include Bobby's Burger Palace, from celebrated chef Bobby Flay; The Cheesecake Factory®; Phillips® Seafood; the Zagat-rated #1 steakhouse The Prime Rib®; the multi-station Live! Buffet; Noodles, featuring traditional Ramen noodles, banh mi sandwiches and pho soups; Luk Fu, serving authentic South East Asian cuisine; and Morty's Delicatessen, a traditional New York-style deli. A sizzling nightlife, including live entertainment at Rams Head Center Stage and the unique, interactive R Bar, completes the world-class gaming and entertainment experience. Other first-class amenities include the Shop Live! retail store; a bus lounge, and a secure covered 5,000-space parking garage with valet service, free self-parking and direct elevator access to the casino floor. Maryland Live! Casino is owned and operated by an affiliate of The Cordish Companies.

Call 855-5MD-LIVE (855-563-5483); or visit www.marylandlivecasino.com or www.myliveonlinecasino.com Follow Maryland Live! Casino on Facebook and Twitter.

For employment opportunities, visit www.jobsatmarylandlivecasino.com.

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 Real Estate Development, Gaming & Lodging and Entertainment Management. 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. Prime examples are The Cordish Companies' prominent role in the redevelopment of Baltimore's world famous Inner Harbor; Philadelphia, PA; Atlantic City, NJ; Charleston, SC; Houston, TX; Louisville, KY; Kansas City, MO and St. Louis, MO. In addition, The Cordish Companies has developed and operates multiple highly acclaimed entertainment destinations throughout the United States which welcome over 50 million visitors per year and are the most visited destinations in their respective regions. 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. www.cordish.com

SOURCE The Cordish Companies