Tag: Maryland infrastructure

  • The Governor Bought a Horse Race

    The Governor Bought a Horse Race

    Governor Wes Moore’s administration committed $85 million in taxpayer funds to acquire the Preakness Stakes brand, amid rising costs and budget deficits in Maryland. Critics argue this move prioritizes political gain over essential infrastructure needs and question the governance and management of this state-owned commercial property, with significant financial risks involved.

  • Did Churchill Downs Give Wes Moore Buyer’s Remorse?

    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.