Live! Casino and Hotel

What Live! Casino and Hotel does

Live! Casino and Hotel is a multi-property casino and resort operator owned by The Cordish Companies, a privately-held family-owned entertainment developer. The flagship Live! Casino & Hotel Maryland opened in Hanover, MD in 2012 and has since expanded to operating properties in Louisiana (Bossier City, opened February 2025), Philadelphia, and Pittsburgh, with a fifth property under construction in Virginia. The integrated resort platform combines 24/7/365 casino gaming (4,000+ slot machines and 200+ table games at the Maryland flagship), a AAA Four Diamond-rated hotel (310 rooms and 52 suites at the flagship), a multi-floor poker room, full-service spa, and multiple restaurant concepts including The Prime Rib, David's, Sports & Social, and Luk Fu. A ticketed entertainment venue, The HALL at Live!, hosts headliner concerts, comedy, and championship boxing.

The company's technology stack centers on the Live! Rewards loyalty program (with a dedicated iOS/Android mobile app, "My Live! Rewards"), on-property FanDuel Sportsbook retail betting (kiosks and personal windows), and a Live! Connect email marketing platform. Strategic partnerships extend distribution: Hilton Curio Collection provides hotel flagging and Honors integration at the Louisiana property, and Gaming and Leisure Properties is funding construction of the Virginia site via a REIT-backed structure. Celebrity Chef Jet Tila holds an exclusive multi-state F&B partnership across Luk Fu restaurants.

Revenue is generated through transaction-based gaming (slots, tables, poker), hotel room sales, food and beverage across multiple venues, ticketed entertainment events, and a revenue share with FanDuel for sports betting. The customer base is consumer long-tail — casino gamblers, hotel guests, entertainment seekers, and sports bettors — with no enterprise customer concentration. Maryland flagship gaming revenue was just over $63 million in April 2026, up 7.4% year-over-year.

Name

Live! Casino and Hotel

Legal name

Live! Casino & Hotel Maryland

Website

https://maryland.livecasinohotel.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

251–500 employees

Short description

Live! Casino and Hotel is a privately-held, multi-property casino and resort operator under The Cordish Companies, running integrated gaming, hotel, dining, and entertainment venues across Maryland, Louisiana, Pennsylvania, and Virginia for consumer long-tail guests.

Ownership category

akta.pro rank

Product category

Casino & Hotel Hospitality

NAICS

Casino Hotels (721120)

SIC

Hotels & Motels (7011), Services-Amusement & Recreation Services (7900)

akta.pro primary industry

Integrated Casino Resorts (THAGAJAA)

akta.pro secondary industry

Luxury Casino Hotels (THAGAJAI)

Keywords

• Casino gaming services
• Hotel accommodations
• Entertainment venues
• Sports betting operations
• Restaurant dining services

Headquarters

HQ city

Hanover

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales, Others

Revenue model

1. Casino Gaming: Revenue from slot machines, table games, and poker operations. The property features over 4,000 slot machines and more than 200 live action table games across multiple gaming floors.
2. Hotel Accommodations: Revenue from 310 guest rooms and 52 suites at the Live! Hotel property, recognized as AAA Four Diamond rated.
3. Food and Beverage: Revenue from multiple on-site restaurants including The Prime Rib, David's, Sports & Social, and Luk Fu, plus room service and catering.
4. Entertainment and Events: Revenue from ticketed events at The HALL at Live! venue, concert performances, comedy shows, and boxing events.
5. Sports Betting: Revenue share arrangement with FanDuel Sportsbook for retail sports betting operations on premises.
6. Real Estate/Property Lease: Gaming and Leisure Properties acquiring Live! Casino & Hotel Virginia site and funding construction, suggesting a sale-leaseback or triple-net lease arrangement for property assets.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Core offering

Live! Casino and Hotel operates multi-property casino resorts offering 24/7 gaming (over 4,000 slot machines and 200+ live action table games plus poker), luxury hotel accommodations (AAA Four Diamond rated), multiple restaurants, live entertainment venues, sports betting via FanDuel partnership, and a tiered loyalty program (Live! Rewards) across properties in Maryland, Louisiana, Pennsylvania, and Virginia.

Product overview

Live! Casino and Hotel is a multi-location casino and resort operator offering an integrated entertainment platform combining gaming, hospitality, dining, and leisure services. The portfolio spans four properties (Maryland, Pennsylvania/Philadelphia, Pittsburgh, and Louisiana) plus a Virginia location under construction. Core offerings include casino gaming (slots, table games, poker), a loyalty program (Live! Rewards®), FanDuel Sportsbook integration, luxury hotel accommodations (Live! Hotel® with AAA Four Diamond rating), and spa services (Live! Spa®). The property also operates multiple restaurant brands (Luk Fu®, The Prime Rib®, David's®, Sports & Social®), entertainment venues (The HALL at Live!®), and a mobile app (My Live! Rewards®) for guest engagement and loyalty management.

Differentiator

Problem solved

Functional benefit

Brands

• Live! Rewards: Player loyalty and rewards program with tiered benefits
• Live! Hotel
• Live! Spa
• Luk Fu
• The Prime Rib
• David's
• Sports & Social
• The HALL at Live!
• FanDuel Sportsbook
• Live! in the Community

Products and services

• Live! Hotel Luxury hotel accommodation with 310 rooms and 52 suites, AAA Four Diamond rated, the only such property in the BWI Thurgood Marshall Airport district.
• Casino Gaming (Slots & Table Games) 24/7/365 gaming facility featuring more than 200 live action table games, approximately 4,000 slot machines, two High Limit rooms, and the Orchid Gaming & Smoking Patio.
• Poker Room One of the biggest poker rooms in the country, spanning two floors with numerous poker tables offering more games and more tournaments.
• FanDuel Sportsbook On-site sports betting service offering walk-up betting kiosks and personal betting windows where guests can place legal sports wagers with sportsbook representatives.
• Live! Rewards Loyalty Program Tiered player loyalty program that tracks guest play across slots and table games, offering tiered benefits and personalized offers based on gaming activity, with mobile app access via My Live! Rewards.
• The HALL at Live! Concert and entertainment venue hosting headliner performances, comedy shows, championship boxing, and private event rentals.
• Live! Spa Full-service spa offering wellness and relaxation treatments for hotel guests and casino visitors.
• The Prime Rib Upscale steakhouse restaurant serving premium cuts and a fine dining experience.
• Luk Fu Asian-fusion restaurant featuring signature dishes from Celebrity Chef Jet Tila, available at locations in Pennsylvania, Maryland, and Louisiana.
• David's Restaurant offering diverse dining options within the Live! Casino & Hotel Maryland complex.
• Sports & Social Sports bar and social dining venue for watching games and casual dining.
• My Live! Rewards Mobile App Dedicated iOS and Android mobile application enabling guests to access loyalty rewards, track points, view promotions, and manage their Live! Rewards account.

Named customers1 record

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Chef Jet TilacoreStrategic or Co-development Partner · 21 April 2026The Cordish Companies' Live! Casinos & Hotels announced an exclusive partnership with celebrity chef Jet Tila to feature his signature dishes at Luk Fu restaurants across Pennsylvania, Maryland, and Louisiana properties. The partnership brings celebrity chef dining concepts to multiple Live! Casino locations.
• Hilton Curio CollectioncoreStrategic or Co-development Partner · 30 January 2026Live! Casino & Hotel Louisiana partnered with Hilton's Curio Collection to offer guests access to the Hilton Honors loyalty program, marking the first such partnership in the hospitality industry for both entities. Guests can accrue and redeem Hilton Honors points for stays, receive discounted resort rates, complimentary Wi-Fi, and flexible payment options combining points and cash.
• FanDuel SportsbookcoreChannel Partner/ Reseller/ DistributorFanDuel Sportsbook operates retail sports betting facilities at Live! Casino & Hotel Maryland, providing walk-up betting kiosks and personal betting windows for sports wagering on major sporting events.
• Live! Casino Virginia (College Partnerships)minorStrategic or Co-development PartnerLive! Casino Virginia is forming partnerships with colleges and universities to generate revenue for athletic programs and academic initiatives, as part of the broader trend of casino-university collaborations.

Scale indicators6 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Bally's Corporation: Bally's operates a multi-property regional casino portfolio with hotel, dining, and entertainment components, including properties in the Northeast and Mid-Atlantic where Live! competes. Both pursue growth through greenfield and acquisition.
• MGM Resorts International: MGM Resorts operates integrated casino resort properties including MGM National Harbor, Live!'s most direct competitor in the Maryland market. Both are multi-property operators combining gaming, hotel, dining, and entertainment under a unified brand and loyalty program.
• Churchill Downs Incorporated: Churchill Downs operates regional casino properties across the US, with a similar focus on gaming, hospitality, and entertainment. Comparable multi-state regional gaming exposure and capital allocation toward integrated resort experiences.
• Boyd Gaming Corporation: Boyd Gaming is a multi-state regional casino operator with properties across the US, including in Louisiana (where Live! just entered) and Pennsylvania. Boyd's mix of gaming, hotel, and F&B offerings directly parallels Live!'s integrated resort model.
• Caesars Entertainment: Caesars operates Horseshoe Baltimore and a national portfolio of regional and destination casino resorts with Caesars Rewards loyalty. Like Live!, Caesars combines gaming with hotel, dining, and live entertainment across multiple states.
• Penn Entertainment: Penn Entertainment operates regional casinos in Pennsylvania (including the Philadelphia market where Live! competes) and other states, with a strong interactive/gaming segment. Comparable regional gaming footprint and entertainment-led model.

Regional players

• Red Rock Resorts: Red Rock Resorts operates Station Casinos properties in Las Vegas with a regional, locals-focused integrated resort model. Comparable mix of gaming, hotel, and F&B, though concentrated in a different geography (Nevada vs. Live!'s East Coast focus).

Broad incumbents

• Las Vegas Sands: Las Vegas Sands operates large integrated casino resorts. While focused on Asia and select US markets, its integrated resort model (gaming + hotel + F&B + entertainment) parallels Live!'s Maryland flagship structure.
• Wynn Resorts: Wynn Resorts operates luxury integrated casino resorts with premium hotel, dining, and entertainment offerings. While more destination-focused than Live!'s regional model, the AAA-level luxury positioning and F&B-driven differentiation are directly comparable.

Emerging players

• Monarch Casino & Resort: Monarch operates the Atlantis Casino Resort Spa in Reno and the Black Hawk, Colorado property. Smaller integrated casino resort operator with a similar premium hospitality and gaming mix to Live!'s Maryland flagship.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/livecasinoMD
• YouTubeyoutube.com/playlist?list=PLoGe-y-NR_Fu94JQlKOVF8vKa1Gp0Ljbs
• Facebookfacebook.com/LiveCasinoMD
• LinkedInlinkedin.com/company/livecasinohotel
• Instagraminstagram.com/LiveCasinoMD

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Live! Casino and Hotel