The 2010 Maryland legislative session is quickly coming to close (April 12). Below is an “as of April 5, 2010” update on bills that we have tracked in our print edition; updates appear in italics. Please e-mail...
Read MoreMI Developments Inc. (“MID”) (TSX: MIM.A, MIM.B; NYSE: MIM) announced that the Plan of Reorganization in respect of Magna Entertainment Corp. (“MEC”) and certain of its subsidiaries, jointly proposed by...
Read MoreIt’s over. For Cordish, it is over. For the De Francis family, it is over. For the Blow Horn Equity Group, for Penn National, it is over. And for many Maryland horsemen, the hope of new ownership of our Thoroughbred tracks...
Read MoreThe bankruptcy auction for Laurel Park and Pimlico Race Course is scheduled for this Thursday, March 25, 2010. Will it really happen? It has already been postponed four times. Also set for March 25 is the deadline for the...
Read MoreMagna Granted Another Extension Over the objections of PNC Bank, which owns the loans on the Maryland race tracks, the Delaware bankruptcy judge in the Magna Entertainment Corporation’s bankruptcy case has granted an extension,...
Read MoreFirst it was January, then early February, and then tomorrow, Tues. Feb. 23…and now the auction of Laurel and Pimlico race tracks has been delayed yet again. It will be held now on March 23. The request for the delay was granted...
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