February 15, 2011
On Tuesday, the Cordish Cos. Filed a lawsuit against several defendants claiming that they conspired to defame the company to stop them from building their casino. The defendants named are the owners and trustees of Indiana Downs, Maryland Jockey Club, Penn National Gaming Inc., and Frank Stronach, MI Developments, and Frank Stronach the chairman and chief executive of MI Developments. The suit is seeking money for damages totaling $600 million.
It is alleged that the defendants tried last year to have a ballot referendum to overturn zoning approvals for casinos. However, voters rejected the referendum and the casino was allowed.
It is also alleged that the defendants tried to defame the Cordish Cos company so they could not build their casino. Owners of the Maryland Jockey Club are said to have tried to do this so that they would be able to obtain the only gaming license in Anne Arundel County.
Indiana Downs was said to have also tried to defame the company due to conflict over a management contract. The contract discussed the management of the Indiana Downs casino operation.
The president of the Maryland Jockey Club, Tom Chuckas, stated the suit is unsupported speculation.
Return to Maryland Casinos.