For something so scenic and peaceful, it might be surprising to visitors that the Rocky Gap Lodge & Golf Resort is something that even the most desperate of buyers wouldn’t touch with a ten-foot pole. That is, until you take a peek underneath the hood.
There you’ll find millions of dollars of debt and an operation that lost $625,000 last year, according to officials who testified before a Maryland Senate committee. The state’s lawmakers thought they might solve the resort’s woes by designating the site as one of the state’s five slots facilities, but not even that drew any interest.
Recommended Stories
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.