The casino has also been a driver of tourism and visitors to our city.'īut the promise of jobs and taxes didn't quell residents' worries about opening a casino with the city's only round-the-clock liquor license.īefore it opened, a survey conducted by the Maryland Center of Excellence on Problem Gambling found that 63 percent of the area's residents expressed concern about increased crime, 63 percent said they worried about drunken driving and 55 percent feared traffic problems. Horseshoe provides tax revenues 'that Baltimore City otherwise would not have had, and is a significant creator of jobs for city residents,' said Howard Libit, a spokesman for Rawlings-Blake. It said it paid more than $120 million in city and state taxes. that operates the casino hasn't affected its performance, Horseshoe officials said.Ī recent economic impact study commissioned by the casino from Sage Policy Group found it generated nearly $384 million in commerce in Baltimore in its first 11-plus months.
The January bankruptcy filing by the division of Caesars Entertainment Corp. Still, the city says Horseshoe has created 1,100 jobs for city residents among 1,815 overall. The funding gap has squeezed some initiatives, contributing to the city's decision this year to 'pause' the mayor's commitment to cut property taxes by 20 cents by 2020.
Instead, only $5.9 million was made available.
