Maryland Subsidy Bill Passes, With Strings April 12, 2011 Late on Monday, April 11, legislators in Maryland gave the green light for millions in state capital to be directed to racetracks
No Simo Deal Means No Govt Money April 11, 2011 It has been reported that before the state of Maryland hands over millions of dollars to racetracks to cover day-to-day operating costs, Pimlico Race Course, Laurel Park and Rosecroft Raceway must hav...
Comments On Track Operating Subsidy Bill March 31, 2011 "I think the message is very clear -- that the horse racing industry as a whole has to come up with some type of sustainable plan in the short-term because now their back's against the wall."
Track Operating Subsidy, Government Oversight Step Closer To Reality In Maryland March 29, 2011 According to a report, racetracks in Maryland are now a step closer to getting a state subsidy for operating costs, but legislators opposed to such a move got pretty figurative about the situation yes...
Penn National To Sell Interest In MJC? February 28, 2011 According to a report, Penn National Gaming, which has just purchased Rosecroft Raceway, could be selling its 49 per cent interest in the Maryland Jockey Club, operator of both Laurel Park and Pimlico
Rosecroft Purchase Finalized February 28, 2011 On Monday, February 28, Penn National Gaming completed its transaction to purchase Rosecroft Raceway, thus completing the track’s Chapter 11 reorganization plan which called for the sale of substantia...
MJC Not Disclosing Finances February 22, 2011 The Maryland Racing Commission has revealed that the Maryland Jockey Club, operator of both Laurel Park and Pimlico Race Course, has failed to file legally-obligated financial disclosures for the last...
Rosecroft Purchase Approved February 02, 2011 The sale of Rosecroft Raceway to casino operator Penn National Gaming Inc. was approved by a bankruptcy judge in a hearing on Wednesday
Failed Rosecroft Bidder Objects February 02, 2011 A hearing has been scheduled for today to hear the objection of one of the unsuccessful bidders for Rosecroft Raceway. The unsuccessful bidder has claimed that it actually placed a higher bid than the...
More On Rosecroft Sale January 31, 2011 Penn National Gaming bought Rosecroft Raceway for $10.25 million last Friday, and plans to restore live harness racing to the track this year
Penn National Snares Rosecroft January 28, 2011 Baltimore Orioles' owner Peter Angelos had submitted the stalking-horse bid for the bankrupt Rosecroft Raceway, but it has been reported that Penn National Gaming bidder has snared
MD Slot Revenue To Offset Track Overhead? January 28, 2011 The office of Maryland Governor Martin O'Malley this week proposed legislation which would see proceeds from slots gaming funnelled to the Laurel and Pimlico racetracks for thoroughbreds in order to o...
