American Gambling Markets Atlas (AGMA)

Operators / The Cordish Companies

The Cordish Companies

Operator · Baltimore, Maryland[1]

www.cordish.com

Privately held real-estate/entertainment company founded 1910; chaired by David Cordish, with family principals Jon, Blake, and Reed Cordish.

Brands

Reported revenue, last 12 months

StateVerticalHandleGGR
MarylandCommercial casinos—$751M
PennsylvaniaCommercial casinos$2.8B$369M
PennsylvaniaOnline casino$660M$20.3M
PennsylvaniaSports (retail)$77.3M$9.2M
MarylandSports (retail)$34.0M—
MarylandSports (online)$2.6B—

Licenses

LicensedNot licensed
Alaska: Not licensedAKMaine: Not licensedMEVermont: Not licensedVTNew Hampshire: Not licensedNHWashington: Not licensedWAIdaho: Not licensedIDMontana: Not licensedMTNorth Dakota: Not licensedNDMinnesota: Not licensedMNWisconsin: Not licensedWIMichigan: Not licensedMINew York: Not licensedNYMassachusetts: Not licensedMARhode Island: Not licensedRIOregon: Not licensedORNevada: Not licensedNVWyoming: Not licensedWYSouth Dakota: Not licensedSDIowa: Not licensedIAIllinois: Not licensedILIndiana: Not licensedINOhio: Not licensedOHPennsylvania: Not licensedPANew Jersey: Not licensedNJConnecticut: Not licensedCTCalifornia: Not licensedCAUtah: Not licensedUTColorado: Not licensedCONebraska: Not licensedNEMissouri: Not licensedMOKentucky: Not licensedKYWest Virginia: Not licensedWVVirginia: LicensedVAMaryland: LicensedMDDelaware: Not licensedDEArizona: Not licensedAZNew Mexico: Not licensedNMKansas: Not licensedKSArkansas: Not licensedARTennessee: Not licensedTNNorth Carolina: Not licensedNCSouth Carolina: Not licensedSCDistrict of Columbia: Not licensedDCOklahoma: Not licensedOKLouisiana: Not licensedLAMississippi: Not licensedMSAlabama: Not licensedALGeorgia: Not licensedGAHawaii: Not licensedHITexas: Not licensedTXFlorida: Not licensedFL
StateVerticalBrandLicenseStatusLaunched
MarylandCommercial casinosLive! Casino & Hotel Marylandactive[2],[3]
VirginiaCommercial casinosLive! Casino & Hotel VirginiaCasino Gaming Facility Operatoractive[4],[5]
VirginiaSports (retail)PlayLive / Live! SportsbookSports Betting Permit Holderactive[6]

Regulatory actions

DateStateAgainstActionAmountWhat happened
Oct 21, 2025MarylandLive! Casino, MarylandConsent agreement
Commercial casinos
A second consent agreement covering five further occasions on which an underage individual was admitted onto the Live! Casino & Hotel Maryland gaming floor.[7]
Aug 7, 2025MarylandLive! Casino, MarylandConsent agreement
Commercial casinos
Live! Casino & Hotel Maryland entered a consent agreement after the agency found that on nine separate occasions an underage individual was admitted onto the gaming floor where VLTs and table games are located.[8]
Jun 26, 2024PennsylvaniaStadium Casino RE, LLCFine
Sports (retail)
$100,000PGCB fined the Live! Casino & Hotel Philadelphia operator $100,000 after sportsbook staff accepted and placed 15 "proxy" wagers totaling $287,421 over eight days for a patron who was not physically present; the employees involved were fired and lost their gaming licenses.[9]
Oct 18, 2023PennsylvaniaStadium Casino Westmoreland RE, LLCFine
Commercial casinos
$30,000PGCB fined the Live! Casino Pittsburgh operator $30,000 ($20,000 for letting two self-excluded individuals gamble on the floor, $10,000 for allowing an underage patron to play slots).[10]

Sources

  1. The Cordish Companies · retrieved Oct 10, 2026
  2. Maryland's Casinos · retrieved Oct 10, 2026
  3. Gaming and Leisure Properties / Cordish Live! Casino & Hotel Maryland sale-leaseback (EX-99.1) · retrieved Oct 10, 2026
  4. Casino Gaming in Virginia | Virginia Lottery · retrieved Oct 10, 2026
  5. PPE Casino Resorts Petersburg is fifth approved casino in Virginia · retrieved Oct 10, 2026
  6. Sports Betting in Virginia | Virginia Lottery · retrieved Oct 10, 2026
  7. In the Matter of Live! Casino, Maryland — Consent Agreement, Underage Case Nos. 2025-03-021 to -025 · retrieved Oct 11, 2026
  8. In the Matter of Live! Casino, Maryland — Consent Agreement, Underage Case Nos. 2025-03-012 to -020 · retrieved Oct 11, 2026
  9. PA Gaming Control Board Fines Stadium Casino RE, LLC $100,000 · retrieved Oct 11, 2026
  10. PA Gaming Control Board Levies $73,075 in Fines · retrieved Oct 11, 2026