Stronach Group To Acquire Rosecroft

Published: May 16, 2016 03:23 pm EDT

According to various news outlets, The Stronach Group has reached an agreement to purchase Rosecroft Raceway from Penn National Gaming.

An article by The Baltimore Sun states that the deal to purchase the Maryland raceway is expected to close in June and that the deal is subject to conditions.

The Baltimore Sun article has also cited officials with The Stronach Group as saying that the organization is ‘excited’ to continue running harness races at the track. Rosecroft has a total of 54 race dates scheduled for 2016.

An article by the Baltimore Business Journal has cited Maryland Jockey Club General Manager Sal Sinatra as saying that he can not disclose the purchase price.

(With files from The Baltimore Sun and the Baltimore Business Journal)

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