Tag: Bill Ferguson
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Maryland on the Map: What Officials Finally Admitted to the General Assembly
Maryland officials told lawmakers the MJC loses money throughout the year, MEDCO financed the Preakness IP with a $97 million unrated loan, and the Stadium Authority does not intend to seek additional state funding.
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Did Churchill Downs Give Wes Moore Buyer’s Remorse?
Governor Wes Moore’s $48.5 million purchase of Laurel Park, aimed at strengthening Maryland’s thoroughbred racing industry, faces a 45-day financial review that raises concerns. Past mismanagement and Churchill Downs’ acquisition of the Preakness name limit the state’s leverage. Moore must clarify if the investment strategy remains solid amid these challenges.
