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News and Insight On Winbak Farm

Read below for the latest on Winbak Achievements and graduates. Stories are from the leading industry news sources.

Maryland Lawmakers Pass Horse Racing Subsidies

Tuesday, April 12, 2011  By: USTA Communications Department


Maryland lawmakers pass horse racing subsidies


Columbus, OH --- Maryland lawmakers agreed to send millions of dollars in subsidies to the state's Thoroughbred and Standardbred tracks, in a Monday night vote that came with 20 minutes to spare before their midnight deadline to pass legislation.


According to a story in the Maryland Daily Record, the Maryland Jockey Club, which owns Pimlico Race Course and Laurel Park, would be eligible for up to $6 million in operating subsidies in 2012 and 2013, while Rosecroft Raceway and Ocean Downs could receive $1.2 million each.


Changes made by the Senate would require the Jockey Club and Rosecroft to reach a simulcast agreement before receiving state subsidies.


To read the complete story, click here.

 


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