Business

Baltimore travelers will soon be able to “Viva Las Vegas” with the addition of daily, nonstop flights between the two cities via Frontier Airlines. The Denver-based airline announced Tuesday it will launch the new service at Baltimore/Washington International Thurgood Marshall Airport on Aug. 9. The roundtrip flights will also serve Buffalo, New York, Hartford, Connecticut and Kansas City, Missouri.

Gaming Innovation Group Inc. (GiG) on Tuesday announced it has signed a head of terms agreement with Maryland-based sports betting brand Crab Sports to provide its award-winning Platform and Sportsbook solution in the state. This is the first deal in the U.S. for the new and expanded offering of GiG and Sportnco. Powered by its leading technology and flexible architecture, this turnkey solution includes the technical platform, CMS and the recently acquired Sportnco Sportsbook, all powered by GiG’s unique data and GiG Logic rules-based solutions.

The 109-room Days Inn by Wyndham hotel about a mile from the new Great Wolf Lodge in Perryville is up for grabs. The 43,274-square-foot, two-story hotel will be auctioned on June 22 by a group of substitute trustees. The eight-acre property sits in a sweet spot of Cecil County now in the midst of a development boom. The site at 61 Heather Lane is just off Interstate 95 and Route 222 near the abandoned suburban outlet mall, Perryville Outlets.

After much debate, resort officials this week approved three separate proposals inching the Margaritaville project closer to fruition. The Mayor and Council on Monday had before them one request from the Margaritaville developer to convey a portion of the Baltimore Avenue corridor to them in order to meet the minimum lot-size requirements for a planned overlay district (POD). The council also reviewed the conveyance of air rights over a city-owned alley, and another that would allow for a comprehensive parking management system, or valet service, allowing tandem, or stacked, parking in order to meet the minimum number of spaces required.

The Wisconsin chain said it was in a three-week exclusive takeover period with the owner of Vitamin Shoppe for $60 per share. The potential buyer, the Franchise Group Inc., which focuses on franchise companies, will make final financing arrangements and complete due diligence before signing off on the deal during that period. Last month Kohl’s CEO Michelle Gass said that the company had received multiple offers from parties looking to buy the business. At the time the department store chain said that its board was working with Goldman Sachs to explore strategic alternatives, which had included engaging with 25 parties. The board had requested fully financed final bids to be submitted.

Maryland’s casinos raked in $178.8 million in gaming revenue in May, the Maryland Lottery and Gaming Control Commission said Monday, making it the state casino program’s second-best month ever. It’s an increase of 3.7% compared to May 2021. More than $73.4 million of those revenues, or roughly 40%, were contributed to the state’s coffers. The state’s six casinos generated over $53.4 million for Maryland’s Education Trust Fund (ETF), which is $137,334 more than the ETF contributions during the same period last year, according to the gaming commission.

Sportswear giant Under Armour Inc. has been booted from the S&P 500 and replaced, the S&P Dow Jones Indices announced Monday. The Baltimore company and IPG Photonics Corp are moving down to the S&P MidCap 400 list. Rising to replace them in the S&P 500 are Keurig Dr Pepper Inc. and ON Semiconductor Corp. The development comes after Under Armour reported a loss of $59.6 million in the first three months of the year last month.

The Montgomery Park building’s back-and-forth legal battle to reopen the bidding for the Maryland Insurance Administration’s lucrative Baltimore lease will go before the state’s top court. The Court of Appeals on Friday agreed to hear Montgomery Park’s challenge to a lower court ruling that the Department of General Services, the state’s leasing agency, validly renewed MIA’s lease and withdrew its request for bids even though Montgomery Park had a competitive offer on the table.