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Tag Archives: Rosecroft Raceway

Settlement hearing being held on Rosecroft bankruptcy

A hearing is being held Thursday to approve a settlement filed by the trustee of Rosecroft Raceway between the bankrupt race track and the Maryland Jockey Club and various horse and racing associations as part of the harness track’s Chapter ...

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O’Malley says Maryland racetrack funding in jeopardy

ANNAPOLIS — Millions of dollars in grants and loans needed to save horse racing in Maryland is in jeopardy in the legislature. Gov. Martin O’Malley said Monday the compromise measure he hammered out to divert slots money to cover operating ...

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Judge approves sale of Rosecroft to Penn National for $11M

GREENBELT — After a losing bidder renewed its effort to buy Rosecroft Raceway, a federal bankruptcy judge Wednesday approved the sale of the Prince George’s County harness track to Penn National Gaming Inc. for $11 million in cash. Penn National ...

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Bankruptcy judge to review Rosecroft auction

GREENBELT — A federal bankruptcy judge is scheduled to review the bid submitted by Penn National Gaming Inc. to buy Rosecroft Raceway in Prince George’s County. Judge Paul Mannes is set to review the deal on Wednesday. Penn National submitted ...

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Davis says he won’t support Rosecroft slots

Penn National Gaming Inc. will likely face stiff opposition from state lawmakers for its plans to get slot machines at Rosecroft Raceway. Penn National outbid two other potential buyers for the bankrupt Prince George’s County facility, including Peter G. Angelos, ...

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Penn National outbids Angelos, buys Rosecroft for $10.25M

Penn National Gaming bought bankrupt Rosecroft Raceway in Prince George’s County for $10.25 million in cash Friday. Penn National outbid two other potential buyers, including Peter G. Angelos, who had originally agreed to buy the track for $9 million in ...

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Expanding Md. gaming, key to Angelos Rosecroft bid, faces uphill battle

Orioles owner Peter G. Angelos has negotiated a deal to buy long-troubled Rosecroft Raceway out of bankruptcy, a move the Baltimore lawyer and developer hopes will lead to the legalization of slot machine gambling at the Prince George’s County harness ...

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