Cordish: 'We still have interest in Atlantic City'

The president of Baltimore-based Cordish Cos. says the struggling New Jersey gambling town is still on his radar.

"We still have interest in Atlantic City, but are not in a position to discuss specific projects," Cordish wrote in an email.

Cordish has long sought to operate a casino in Atlantic City, which continues to search for ways to compete with a wave of new casinos sprouting up across the mid-Atlantic.

Cordish would not comment on whether he has interest in acquiring the cash-strapped Revel casino, the 20-month-old resort along the Atlantic City boardwalk. The operators of the $2.3 billion hotel are reportedly in talks with Hard Rock International, and other companies, about acquiring the project.

Cordish in 2008 made a failed bid to acquire the 2,100-room Tropicana in Atlantic City. Cordish has said in the last few years that he continues to search for casino projects in Atlantic City that could work.

Cordish developed the Walk, a shopping complex, just off the Atlantic City Expressway as you enter the seaside town. He also has plans for Atlantic City Live, an entertainment complex similar to his Power Plant Live project in Baltimore.

Cordish developed the popular Maryland Live casino, which opened in 2012 at Arundel Mills. The casino generates the most revenue among mid-Atlantic gaming venues.

Source: Baltimore Business Journal