{"id":179974,"date":"2021-07-17T00:33:51","date_gmt":"2021-07-17T07:33:51","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=179974"},"modified":"2021-07-16T16:35:06","modified_gmt":"2021-07-16T23:35:06","slug":"horseshoe-baltimore-casino-betting-stadium-corridor-investments-pay-off","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/horseshoe-baltimore-casino-betting-stadium-corridor-investments-pay-off\/","title":{"rendered":"Horseshoe Baltimore Casino Betting Stadium Corridor Investments Pay Off"},"content":{"rendered":"

Horseshoe Baltimore Casino and local economic officials are betting big on infrastructure investments being made. Those will, ideally, overhaul the corridor between the Caesars Entertainment venue and the city’s professional sports stadiums.\u00a0<\/span><\/p>\n

\"Horseshoe
A rendering of the imagined Warner Street District between M&T Bank Stadium and Horseshoe Casino Baltimore. The goal is to make the pathway more appealing for sports fans to walk to the casino. (Image: Baltimore Development Corporation)<\/figcaption><\/figure>\n

Known as the Warner Street District, the presently industrial, uninviting walk between Oriole Park at Camden Yards and M&T Bank Stadium, home of the NFL Baltimore Ravens, has long been blamed for Horseshoe’s underperformance. Caesars and the Baltimore Development Corporation, the city’s economic development arm, are investing heavily in transforming the less than half-mile strip south of the sports venues.\u00a0<\/span><\/p>\n

We started looking at the vacant and underutilized industrial properties and said, ‘What can they be, and how can we make this a better corridor?’ Kim Clark, executive vice president of the Baltimore Development Corp., told The Baltimore Sun<\/i>. “What can we do to create a better experience?”<\/p><\/blockquote>\n

The Baltimore Development Corp. provides loans to businesses, and also various incentives funded by the state for economic initiatives.\u00a0<\/span><\/p>\n

Gross gaming revenue (GGR) at Horseshoe Baltimore has continually declined over the past half-decade.\u00a0<\/span><\/p>\n

In 2016, the casino won almost $160 million from gamblers in the first six months of the year. Prior to the pandemic, GGR was $125 million through the first six months in 2019 — a 35 percent drop from 2016. In 2021, the Caesars gaming floor fared even worse, winning just $104 million.\u00a0Meanwhile, other Maryland casinos are experiencing record play<\/a>.<\/span><\/p>\n

Southern Draw<\/b><\/h2>\n

While the MLB Orioles and NFL Ravens stands were empty or at greatly reduced capacities in 2020, the stadiums are back to full capacity. Well, they can at least welcome full capacity. The dismal Orioles — currently owning the worst record in the American League — never come anywhere close to selling out Camden Yards.<\/p>\n

But the Ravens will this fall. And Caesars hopes new amenities between M&T Bank Stadium and its Horseshoe Casino will attract fans before and\/or after the game.\u00a0<\/span><\/p>\n

\n

Horseshoe Baltimore is owned by a partnership consisting of Caesars, JACK Entertainment, and development firm Caves Valley Partners. The group is leading the investment overhaul of the Warner Street District, and has been able to purchase all the Warner Street properties between M&T and Horseshoe, the one exception being a Public Storage location.\u00a0<\/span><\/p>\n<\/div>\n

Topgolf broke ground in May<\/a> adjacent to the casino. When it’s completed in 2022, it will feature 90 outdoor hitting bays, a full-service restaurant and bar, and event space.\u00a0<\/span><\/p>\n

The Horseshoe ownership is also building a 4,000-seat concert theatre called The Paramount that will additionally feature an outdoor tailgating and multi-use events space. Retail shopping and a transit hub are also being developed.<\/p>\n

Finally, should it all play out as planned, the casino group says it imagines one day building a 320-room hotel.\u00a0<\/span><\/p>\n

Sports Betting Coming<\/b><\/h2>\n

Maryland legalized sports betting in May, and this week initial regulations for the expanded gaming were released. Along with the state’s six commercial casinos, various entities, including M&T Bank Stadium and Camden Yards, are permitted to incorporate sportsbooks into their facilities.<\/p>\n

Though Ravens and Orioles fans won’t need to travel to Horseshoe to place a wager, as they will likely be able to at the stadiums or on their mobile phones, the presence of sports betting, Caesars hopes, will better market the nearby casino, and new and forthcoming entertainment.\u00a0<\/span><\/strong><\/p>\n

“These types of things we’re doing will drive more people to Baltimore, and more reasons for people to come here [casino],” Horseshoe Baltimore Senior VP and General Manager Rodney Conroy said of the investments and sports betting.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Horseshoe Baltimore Casino and local economic officials are betting big on infrastructure investments being made. Those will, ideally, overhaul the corridor between the Caesars Entertainment venue and the city’s professional sports stadiums.\u00a0 Known as the Warner Street District, the presently industrial, uninviting walk between Oriole Park at Camden Yards and M&T Bank Stadium, home of […]<\/p>\n","protected":false},"author":25,"featured_media":179985,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,3313],"tags":[],"acf":[],"yoast_head":"\nHorseshoe Baltimore Casino Betting Stadium Corridor Investments Pay Off<\/title>\n<meta name=\"description\" content=\"Horseshoe Baltimore Casino and local officials are betting big on investments that will make the sports stadium corridor more inviting.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Horseshoe Baltimore Casino Betting Stadium Corridor Investments Pay Off\" \/>\n<meta property=\"og:description\" content=\"Horseshoe Baltimore Casino and local officials are betting big on investments that will make the sports stadium corridor more inviting.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/horseshoe-baltimore-casino-betting-stadium-corridor-investments-pay-off\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-17T07:33:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-07-16T23:35:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/07\/WARNER10-2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"696\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Devin O'Connor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CasinoorgDevinO\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Devin O'Connor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/horseshoe-baltimore-casino-betting-stadium-corridor-investments-pay-off\/\",\"url\":\"https:\/\/www.casino.org\/news\/horseshoe-baltimore-casino-betting-stadium-corridor-investments-pay-off\/\",\"name\":\"Horseshoe Baltimore Casino Betting Stadium Corridor Investments Pay Off\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/horseshoe-baltimore-casino-betting-stadium-corridor-investments-pay-off\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/horseshoe-baltimore-casino-betting-stadium-corridor-investments-pay-off\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/07\/WARNER10-2.jpg\",\"datePublished\":\"2021-07-17T07:33:51+00:00\",\"dateModified\":\"2021-07-16T23:35:06+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf\"},\"description\":\"Horseshoe Baltimore Casino and local officials are betting big on investments that will make the sports stadium corridor more inviting.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/horseshoe-baltimore-casino-betting-stadium-corridor-investments-pay-off\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/horseshoe-baltimore-casino-betting-stadium-corridor-investments-pay-off\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/horseshoe-baltimore-casino-betting-stadium-corridor-investments-pay-off\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/07\/WARNER10-2.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/07\/WARNER10-2.jpg\",\"width\":1200,\"height\":696,\"caption\":\"A rendering of the imagined Warner Street District between M&T Bank Stadium and Horseshoe Casino Baltimore. The goal is to make the pathway more appealing for sports fans to walk to the casino. (Image: Baltimore Development Corporation)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/horseshoe-baltimore-casino-betting-stadium-corridor-investments-pay-off\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Entertainment\",\"item\":\"https:\/\/www.casino.org\/news\/entertainment\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Horseshoe Baltimore Casino Betting Stadium Corridor Investments Pay Off\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf\",\"name\":\"Devin O'Connor\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-4-1-96x96.png\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-4-1-96x96.png\",\"caption\":\"Devin O'Connor\"},\"description\":\"Devin O'Connor is a senior reporter for Casino.org, covering politics, casino business, entertainment and gaming news on the East Coast. Devin's passion for politics and background in the world of pop culture television gives him insight into the gaming industry backstories that often drive news these days. After graduating from Penn State University with a theater arts degree, he worked at MTV Networks\/Viacom from 2005 to 2010 as a writer and producer. His credits included Total Request Live, New Year's Eve specials, and a special featuring poker superstar Daniel Negreanu. He later moved on to the HGTV\/DIY Network, where he created, wrote, and produced three series specials: That's So House Hunters, That's So 80s, and That's So 90s. Devin came on board with Casino.org in 2014. He lives in Pennsylvania and is an avid marathoner, having completed 15 races. Contact Devin at devin.oconnor@casino.org.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/devinoconnor\/\",\"https:\/\/x.com\/CasinoorgDevinO\"],\"url\":\"https:\/\/www.casino.org\/news\/author\/devin-oconnor\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Horseshoe Baltimore Casino Betting Stadium Corridor Investments Pay Off","description":"Horseshoe Baltimore Casino and local officials are betting big on investments that will make the sports stadium corridor more inviting.","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"Horseshoe Baltimore Casino Betting Stadium Corridor Investments Pay Off","og_description":"Horseshoe Baltimore Casino and local officials are betting big on investments that will make the sports stadium corridor more inviting.","og_url":"https:\/\/www.casino.org\/news\/horseshoe-baltimore-casino-betting-stadium-corridor-investments-pay-off\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2021-07-17T07:33:51+00:00","article_modified_time":"2021-07-16T23:35:06+00:00","og_image":[{"width":1200,"height":696,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/07\/WARNER10-2.jpg","type":"image\/jpeg"}],"author":"Devin O'Connor","twitter_card":"summary_large_image","twitter_creator":"@CasinoorgDevinO","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Devin O'Connor","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/horseshoe-baltimore-casino-betting-stadium-corridor-investments-pay-off\/","url":"https:\/\/www.casino.org\/news\/horseshoe-baltimore-casino-betting-stadium-corridor-investments-pay-off\/","name":"Horseshoe Baltimore Casino Betting Stadium Corridor Investments Pay Off","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/horseshoe-baltimore-casino-betting-stadium-corridor-investments-pay-off\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/horseshoe-baltimore-casino-betting-stadium-corridor-investments-pay-off\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/07\/WARNER10-2.jpg","datePublished":"2021-07-17T07:33:51+00:00","dateModified":"2021-07-16T23:35:06+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf"},"description":"Horseshoe Baltimore Casino and local officials are betting big on investments that will make the sports stadium corridor more inviting.","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/horseshoe-baltimore-casino-betting-stadium-corridor-investments-pay-off\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/horseshoe-baltimore-casino-betting-stadium-corridor-investments-pay-off\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/horseshoe-baltimore-casino-betting-stadium-corridor-investments-pay-off\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/07\/WARNER10-2.jpg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/07\/WARNER10-2.jpg","width":1200,"height":696,"caption":"A rendering of the imagined Warner Street District between M&T Bank Stadium and Horseshoe Casino Baltimore. The goal is to make the pathway more appealing for sports fans to walk to the casino. (Image: Baltimore Development Corporation)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/horseshoe-baltimore-casino-betting-stadium-corridor-investments-pay-off\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"Entertainment","item":"https:\/\/www.casino.org\/news\/entertainment\/"},{"@type":"ListItem","position":3,"name":"Horseshoe Baltimore Casino Betting Stadium Corridor Investments Pay Off"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/02b4fee8814a4003903b0021bffb4ebf","name":"Devin O'Connor","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-4-1-96x96.png","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-4-1-96x96.png","caption":"Devin O'Connor"},"description":"Devin O'Connor is a senior reporter for Casino.org, covering politics, casino business, entertainment and gaming news on the East Coast. Devin's passion for politics and background in the world of pop culture television gives him insight into the gaming industry backstories that often drive news these days. After graduating from Penn State University with a theater arts degree, he worked at MTV Networks\/Viacom from 2005 to 2010 as a writer and producer. His credits included Total Request Live, New Year's Eve specials, and a special featuring poker superstar Daniel Negreanu. He later moved on to the HGTV\/DIY Network, where he created, wrote, and produced three series specials: That's So House Hunters, That's So 80s, and That's So 90s. Devin came on board with Casino.org in 2014. He lives in Pennsylvania and is an avid marathoner, having completed 15 races. Contact Devin at devin.oconnor@casino.org.","sameAs":["https:\/\/www.linkedin.com\/in\/devinoconnor\/","https:\/\/x.com\/CasinoorgDevinO"],"url":"https:\/\/www.casino.org\/news\/author\/devin-oconnor\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/179974"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=179974"}],"version-history":[{"count":0,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/179974\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/179985"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=179974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=179974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=179974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}