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  War of words between David Cordish and Milton Peterson

The two prominent and respected personalities of the gaming world have entered into a war of words, pleading for their own vested interests. The real estate giants, in their seventies never lag behind to express themselves in a strong way. Both of them are the proprietors of famous companies and defend their cases strongly.
Del. Justin D. Ross (D-Prince George’s), who is actively involved in the debate said that the two persons are fighting like kids and everybody is watching them. The issue revolves around putting up a high-end casino for which both these men have put sufficient funds at stake and repeatedly pleaded their cases before the lawmakers.
Peterson, the chairman of the Peterson Cos tries to convince the Maryland officials about the merits of another casino at National Harbor on the banks of Potomac River. If his plans are successful, MGM, one of the biggest players in gambling would be enlisted as the operator. The Cordish Cos. Chairman, Cordish is trying his best to oppose and save his $550 million dollar casino, Maryland Live that has since been opened in Anne Arundel County during the last month. Peterson said that Cordish was afraid of facing the competition. He added that Cordish just wanted to maintain his monopoly which is not good. Cordish said that he didn’t hate Peterson. He said that it is a matter of business. State’s overall interests supersede my own, he added. But he said that it would just be futile to authorize another casino before opening and stabilization of the existing five sites. Gov. Martin O’Malley (D) said on Friday that as of now Cordish seems to have the upper hand but the situation could change. He is still waiting for an accord on extended gambling plan that could include a Prince George’s venue too. The labor-led group, supporting Peterson has been putting up radio and TV advertisements for a sixth casino has not given up the idea.


   2012-07-11






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