Developers Taking Their Time With Horseshoe Casino Baltimore Hotel

Horseshoe Casino Baltimore’s multi-million dollar revamp is underway, but a new hotel that promises to be part of the “Walk @ Warner Street” project to revitalize the downtown district, is still several years away, according to officials.

The project could be helped by the launch of sports betting in Maryland, which will likely occur late in 2022 or early in 2023, allowing residents to legally wager on sporting events via a mobile app or computer.

Other items in the project, such as The Paramount Baltimore an indoor concert venue has begun construction and is expected to be completed by the summer of 2023. A TopGolf Top Tracer driving range, restaurant, and sports lounge have already opened in what will be an expansive nightlife and entertainment district in Baltimore’s downtown. But construction on a hotel that could consist of 400+ rooms and multiple restaurants and bars, has yet to begin.

“It will be great to get something under construction in the next couple of years,” General manager of Horseshoe Casino Baltimore Randy Conroy told southbmore.com. Conroy did not indicate if developers have placed the hotel project on hold, or if it is simply delayed.

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Walk @ Warner Street District to Enhance Downtown Baltimore

The “Walk @ Warner Street” will surround M&T Bank Stadium, home of the NFL’s Baltimore Ravens, and Horseshoe Baltimore, a casino that’s faced financial challenges in recent years. It’s also not far from Camden Yards, which hosts MLB’s Baltimore Orioles.

The Horseshoe Casino Baltimore is owned by CBAC with an operating license through Caesars Entertainment. It has a 122,000-square-foot gaming floor, three restaurants, and at least five bars and lounges. The Horseshoe is one of the only locales in the state that can serve alcohol 24 hours a day, 7 days a week.

In 2020, Caesars purchased property on Warner Street and demolished vacant warehouses there to make way for the hotel, hoping to lure visitors and gamblers who have preferred the other two Baltimore-based casinos in recent years: Live! Casino & Hotel and MGM National Harbor.

The proximity of the planned “Walk @ Warner Street” district to the home of the popular Ravens, and its location within urban Baltimore, make CBAC and Caesars hopeful that it will lure people downtown to spend their time and money.

In 2016, the earliest year data is available for Horseshoe Casino Baltimore, gaming revenue was $324 million. In 2021, that figure had plummeted to $208 million in the face of competition. Both MGM National Harbor and Live! have hotels with in excess of 300 rooms.

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Online Sports Betting to Launch in Maryland Soon

Legal sports betting is operational in Maryland at a few retail sportsbooks, including a Caesars sportsbook located at Horseshoe Casino Baltimore. Online sports betting might launch as early as November 2022, or as late as January 2023, according to officials with the Maryland State Lottery & Gaming Control Agency.

Horseshoe Casino Baltimore is an official casino partner for the Baltimore Ravens, which are tremendously popular in Maryland, and have been an NFL Playoff contender most years.

TopGolf Baltimore opened in October, a three-floor facility that offers 90 all-weather TopGolf 3D projected golfing bays, as well as a 36-foot TV wall, bar and restaurant, and rooms for private parties and events. It’s located at 1411 Warner Street, near the site of the proposed hotel.

Sports fans in Baltimore will be able to wager online via sportsbooks on the NFL, college football, NBA, MLB, NHL, MMA, UCF, professional golf and tennis, horse racing, auto racing, and much more. Although online sports betting has not launched, new customers can still claim Maryland launch bonuses to pad their bankroll so they’re ready to go when the apps open for business.

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About the Author

Dan Holmes

Dan Holmes has written three books about sports. He previously worked for the National Baseball Hall of Fame and Major League Baseball. He enjoys writing, running, and lemon bars. He lives near Lake Michigan with his daughters and usually has an orange cream soda nearby.