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MGM National Harbor, two others deemed suitable

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(AP, WJLA) A Maryland panel has found that three applicants are suitable to pursue a license to open a casino near the nation's capital.

The Maryland Lottery and Gaming Control Commission unanimously made the decision on Thursday.

The applicants are Prince George's Racing Ventures, LLC, a subsidiary of Penn National; Maryland Casino, LLC, a subsidiary of Greenwood Racing, and MGM National Harbor, LLC, a subsidiary of MGM.

"We are very pleased with the results of the process in Maryland," said MGM Resorts Chairman and CEO Jim Murren, who participated in today's hearing in Baltimore. "We commend the Maryland Gaming and Lottery Control Agency on its proficiency throughout this process. Our company has undergone similar processes in a number of jurisdictions and we found Maryland's process to be thorough, comprehensive, and conducted in a fair and professional manner."

The licensing division of the Maryland Lottery and Gaming Control Agency conducted extensive background investigations of each applicant. State law requires background investigations to assess the financial capabilities and stability of potential casino owners as well as their integrity and good character.

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