A bankruptcy judge this morning approved the sale of Rosecroft Raceway for later this month.
The approval means that potential buyers can try to outbid Baltimore Orioles owner and lawyer Peter G. Angelos, who is the "stalking horse," or lead bidder, in the auction set for Jan. 28.
Angelos agreed to buy the Prince George's County harness track for $9 million in cash, plus $5 million if a referendum to expand gambling is approved and slots are operational by December 2012.
Rosecroft filed for bankruptcy protection in June 2009 and closed a year later.