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MD finalizes deal to buy rights to Preakness rights for $85M
Maryland got deeper into the horse racing business Thursday, announcing it has finalized its purchase of the rights to the Preakness Stakes and the Black-Eyed Susan Stakes for $85 million.
Churchill Downs planning to sell Ocean Downs Casino and Racetrack
The owner of Ocean Downs Casino and Racetrack is preparing to put the Eastern Shore entertainment facility and seven other gambling properties up for sale.
Laurel Park horse training facility purchase approved by MD board
The Maryland Board of Public Works approved the $48.5 million purchase of Laurel Race Track to be used as a year-round thoroughbred horse training facility.
MD intends to pay at least $85M for Preakness intellectual property
Maryland plans to acquire intellectual property rights of the Preakness Stakes and Black-Eyed Susan by matching Churchill Downs' $85 million offer.
Preakness Festival dates, schedule announced
The Preakness Festival is a Maryland event that intends to bring the essence of the Preakness Stakes into communities across the state.
MD legislative panel presses pause on Laurel Park purchase
A legislative panel is delaying the proposed purchase of Laurel Park by the Maryland Stadium Authority, asking for a cost-benefit review of the $48.5 million deal.
MD Stadium Authority approves $48.5M deal for Laurel Park
The Maryland Stadium Authority Board of Directors voted to approve a $48.5 million agreement with 1/ST Holdings to purchase Laurel Park.
Churchill Downs to acquire Preakness Stakes for $85M, license to MD
Churchill Downs Incorporated has agreed to acquire the Preakness Stakes for $85 million and will license to the State of Maryland the event's intellectual property rights.
Maryland Jockey Club board named amid Pimlico overhaul
Maryland named nine to lead Jockey Club as it oversees Pimlico, Laurel Park and a new Carroll County site amid major horse racing changes.
BPW approves demolition at Pimlico amid skepticism of horse racing’s future in MD
Maryland leaders OK demolition at Pimlico Race Course, aiming to revitalize horse racing and Park Heights amid concerns about oversight and viability.
Stadium Authority member questions spending at horse racing board slated for elimination
A Maryland official raised spending concerns as the state’s horse racing authority faces early shutdown amid calls for transparency and oversight.
Lawmakers question cost, community benefits of Maryland’s Pimlico plans
Lawmakers questioned how Maryland will pay for the future of its thoroughbred horseracing industry and to what extent Baltimore communities will benefit.
