Tag: state bonds
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The Bet That Already Lost
Governor Wes Moore’s $85 million investment in Preakness Stakes’ intellectual property failed as Churchill Downs built a competing championship series, omitting the Preakness. CDI strategically divested remaining Maryland properties, indicating its departure from the state. Maryland’s efforts to secure horse racing prominence were undermined, raising concerns about governance and operational competency.
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Pimlico’s $400M Reboot: A Welcome Investment—If Bureaucrats Don’t Blow It Again
The demolition of Pimlico Race Course marks the start of a $400 million project aimed at revitalizing the historic venue and the surrounding Park Heights neighborhood. While the plan promises jobs and tourism, past failures raise concerns about accountability and actual benefits for local residents, necessitating careful implementation to avoid more bureaucratic pitfalls.
Sports & Whatever 