SUBSCRIBE

Magna again delays auction for Preakness, Pimlico, Laurel

Baltimore Sun

Bankrupt Magna Entertainment Corp. has for the third time delayed the sale of Laurel Park, Pimlico Race Course and the Preakness. The auction is now scheduled for Feb. 23, according to court records. A hearing to approve the plan has been rescheduled for March 3. The company did not give a reason for the delay in court records, but many close to the proceedings have said Magna is waiting to see if opponents of slots at Arundel Mills are able to get enough signatures on a petition to put the issue on the ballot in November. Uncertainty over slots at the Hanover mall could raise the bids for the races by bettering the chances of slots at Laurel Park.

-Andrea K. Walker


Discuss this story and others in our talk forums Most recent business talk forum topics: More news talk forums: Local | Nation/World | Business | Health/Science | Computers/Technology
Note: In-story commenting has been temporarily disabled due to technical issues. We are working to correct the issue and will bring back this feature in the future. In the meantime, please use our talk forums to discuss stories.

Copyright © 2021, The Baltimore Sun, a Baltimore Sun Media Group publication | Place an Ad

You've reached your monthly free article limit.

Get Unlimited Digital Access

4 weeks for only 99¢
Subscribe Now

Cancel Anytime

Already have digital access? Log in

Log out

Print subscriber? Activate digital access