Casino Bidder Buys Land in Prince George’s County

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Credit: William Thomas Cain/Getty Images

Credit: William Thomas Cain/Getty Images

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FORT WASHINGTON, Md. (CBSDC/AP) — Maryland lawmakers last year approved allowing one casino location in Prince George’s County, Maryland, which will be the state’s sixth casino location.

While state officials are still reviewing three proposals, from Penn National Gaming Inc., Maryland Casino LLC (a subsidiary of Greenwood Racing) and a subsidiary of MGM Resorts International, one company has already gone ahead with purchasing its proposal site.

The Washington Post reports that a deed filed with county courts shows that the Greenwood Racing affiliate bought a 22-acre parcel of land near Indian Head Highway and Old Fort Road last month for $1.4 million.

RELATED: Fort Washington Families Forced to Move for Casino

Greenwood Racing is the owner and operator of Pennsylvania’s highest revenue-generating casino, Parx Casino. Its $800 million proposal includes a hotel and entertainment venue.

MGM Resorts is proposing a casino at National Harbor and Penn National Gaming bid for a gaming facility at Rosecroft Raceway, also in Fort Washington.

Maryland regulators plan to choose the winning bidder by the end of the year. The new casino could open by 2016.

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(TM and Copyright 2013 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2013 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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