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'Ocean' Tight-Lipped About Slots Bid

Published: February 6, 2009 2:33 pm ET

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According to a story in the Maryland Coast Dispatch, officials at Ocean Downs in Maryland have been rather tight-lipped regarding information about the track's application for slots.

The report states that William Rickman, Jr. and his newly established company Ocean Enterprises 589 LLC did submit a bid for Ocean Downs as expected. However, the bid fell far short of what was anticipated at the historic racetrack in Berlin near Ocean Pines. The Ocean Downs bid included a request for 800 slot machines initially with an option to expand to 1,500 in the future despite the fact as many as 2,500 were authorized for the county.

“We’ve been out of the limelight in terms of how much detail about our proposal we are making public at this time,” William Fasy, chief operating officer for Ocean Downs and Delaware Park, was quoted as saying.

Fasy went on to say, “we’re in a holding pattern right now. We’ve met the first deadline and got our bid in for 800 machines with the ability to expand to 1,500."

To read the article in its entirety, click here.

(With files from Maryland Coast Dispatch)


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