Officials try to jump start downtown Baltimore casino
The Baltimore Sun reports that the city’s Board of Estimates is set to approve today the terms to which potential developers must agree before applying for a state slots license. The terms, which include more attractive leasing arrangements than in the original RFP, will be outlined in the slots application, bypassing the need for additional negotiations between slots developers and the city.
“We think this provides a streamlined process for applicants,” said Donald Fry, president of the state slots commission, told the Sun. “But this doesn't preclude the applicant from negotiating a sweeter deal with the city.”
Fry added that applications would be due at the end of July, with the license likely to be awarded later in the year and construction beginning in early 2012.