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Tag Archives: MI Developments Inc.

Penn National announces Jockey Club sale to Stronach

Penn National Gaming Inc. announced Thursday that it will sell its share of the Maryland Jockey Club to Stron-MJC Limited Partnership. MI Developments Inc., Penn National’s joint venture partner, will also transfer its interest in the jockey club to an ...

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Cordish sues Maryland Jockey Club for $600 million

The Cordish Cos. filed a $600 million lawsuit Tuesday against the Maryland Jockey Club and the owners and trustees of an Indiana casino that Cordish built, charging that they conspired to prevent Cordish from building a casino in Anne Arundel ...

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Deal approved to keep Laurel, Pimlico open in 2011

The state Wednesday approved a short-term fix to keep thoroughbred racing and the Preakness Stakes alive in Maryland in 2011 by subsidizing operations at struggling Laurel Park and Pimlico Race Course. The state will contribute up to $4 million, and ...

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After meeting, Maryland racing future still uncertain

ANNAPOLIS — The fate of Maryland’s horse racing industry remained in question Monday, but state officials and representatives of the racing industry met behind closed doors in an effort to open up a dialogue. Stakeholders from the racing industry, including ...

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Cha ching!! Lots more money in store for Preakness winner

The new owners of Pimlico Race Course are upping the ante in a big way for next year’s Preakness Stakes. Actually it’s not just big. It’s humongous. Like multimillion dollar humongous. MI Developments Inc. announced Friday that it will award ...

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