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Maryland Jockey Club Lobbies For State Loan
http://www.flickr.com/photos/boboroshi/4635569191/
The Maryland Jockey Club in part owns the Pimlico racetrack, which is known for hosting the annual Preakness Stakes.
The Jockey Club, which in part owns both the Pimlico and Laurel Park horse racing tracks, would receive a loan of around $3.6 million if a bill is OK'd by state legislators.
The club says it needs the money to balance its books because of legal costs regarding a lawsuit against a Baltimore-based developer that is building the state's largest slot machine casino in Anne Arundel County.
Cordish Companies was awarded the license to build the casino over a coalition that included the Jockey Club, which wanted to build the casino at Laurel Park. Voters in Anne Arundel county approved the Cordish plan via referendum last November.
Pimlico Race Course is home to the Preakness Stakes, the second race in horse racing's Triple Crown. But it is the Laurel Park track that is causing the Jockey Club its financial headaches, as it alone accounted for the nearly $7 million the club lost in the last eight months of 2010.
NPR
James Gandolfini Dies At 51, According To Reports
Actor James Gandolfini, 51, has reportedly died. Variety magazine reports that he suffered a "sudden stroke." The star of the HBO series The Sopranos was reportedly in Italy.NPR
And The Winner Of The World Food Prize Is ... The Man From Monsanto
The prize is sometimes called the "Nobel Prize for food and agriculture." And this year's winners include Monsanto executive Robert Fraley, a pioneer in genetically engineered crops. If there's a single person who personifies the company's controversial role in American agriculture, it's probably Fraley.NPR
Meet The New Governor: Sharply Partisan And Upwardly Mobile
For years, governors were considered the most pragmatic figures in politics. Now, they're using their states to run ideological experiments.NPR
Microsoft Responds To Fan Outcry, Changes Xbox One Policies
Microsoft has changed policies regarding Internet connection and used game capabilities for its upcoming Xbox One gaming console. The company says it is responding to feedback from consumers.Leave a Comment
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