It said it paid more than $120 million in city and state taxes. that operates the casino hasn't affected its performance, Horseshoe officials said.Ī recent economic impact study commissioned by the casino from Sage Policy Group found it generated nearly $384 million in commerce in Baltimore in its first 11-plus months. The January bankruptcy filing by the division of Caesars Entertainment Corp. Still, the city says Horseshoe has created 1,100 jobs for city residents among 1,815 overall. The funding gap has squeezed some initiatives, contributing to the city's decision this year to 'pause' the mayor's commitment to cut property taxes by 20 cents by 2020. Instead, only $5.9 million was made available.
