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An artist's rendering of Parx Casino's planned $800 million gaming venue and spa in Fort Washington. The proposal is competing with two other bids.

Greenwood Racing Inc. leaders on Wednesday pledged to pump more money into the local economy and generate more jobs than either of their competitors bidding for the one and only casino license up for grabs in Prince George’s County. Tony Ricci, CEO of Greenwood Racing, estimated its Parx Casino proposal could create about 5,700 permanent jobs and create $1 billion in economic impact when it is up and running. That includes, he said, more slot machines at its selected 26-acre site in Fort Washington than competitors Penn National Gaming Inc. and MGM Resorts International have proposed at either Rosecroft Raceway or National Harbor, respectively.

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