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January 6, 2011

Make Rosecroft a thoroughbred track?

My holiday got extended a bit by some viruses/bacteria. Sorry for the scarce posts and comment moderation. Happy to see that the neverending slots/horse racing story has never ended. I liked this bit of blue skying by The Sun's editorial page. Sell Rosecroft to Angelos and start holding throuroughbred meets there, thus rescuing the thoroghbred trade from the Maryland Jockey Club. The Sun:

Another tantalizing possibility is that Mr. Angelos could try to bring thoroughbred racing to the track. Mr. Angelos himself is a breeder of thoroughbreds, and the thoroughbred industry, despite a recent deal brokered by Gov. Martin O'Malley to keep the tracks open this year, faces an uncertain future. The feuding between Penn National and MI Developments, the joint owners of the Maryland Jockey Club, makes it difficult to see how the industry could develop and execute a viable plan for resurrecting its business. While Rosecroft couldn't fully take the place of the two existing thoroughbred tracks, it could at least offer a refuge for the state's horsemen and keep the industry alive while the ownership of the Maryland Jockey Club is straightened out.

The editorial gives a good overview of what has happened and what is likely to happen with Angelos and Rosecroft, and the whole thing is worth reading.

Posted by Jay Hancock at 12:01 PM | | Comments (3)
Categories: Slots
        

Comments

you think angelos could get a new track financed by the MD Stadium Authority?

Off the top of my head, Rosecroft's current configuration is unsuitable for thoroughbreds. I believe it is only 5/8 of a mile in circumference whereas Laurel is 1 and 1/8 miles and Pimlico is one mile. There are 5/8 mile thoroughbred racetracks - like Timonium - which are suitable for some horses, but not for many due to the sharp turns and short stretches. Many horses simply cannot successfully navigate racetracks like this. Expanding the circumference of the track would be problematic and expensive.

If he wants thoroughbreds, perhaps he should buy Bowie which is suitsble for them. If thoroughbred racing doesn't succeed there, the potential for development is great. But he probably doesn't want to deal with the Jockey Club folks.

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About Jay Hancock
Jay Hancock has been a financial columnist for The Baltimore Sun since 2001. He has also been The Baltimore Sun's diplomatic correspondent in Washington and its chief economics writer. Before moving to Baltimore in 1994 he worked for The Virginian-Pilot of Norfolk and The Daily Press of Newport News.

His columns appear Tuesdays and Sundays.
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