Law Calls For Progress Reports

Under legislation signed into law in April, the Maryland Stadium Authority must provide two reports—on or before Sept. 30 of this year and by Jan. 1, 2023—on the progress of the redevelopment of Laurel Park and Pimlico Race Course as authorized under the Racing and Community Development Act of 2020. The racing-related provisions were added to a broader economic development bill largely related to sports facilities.
Each report is required to describe efforts by interested parties and the MSA to reduce the overall project costs; report on the cost and schedule for Laurel Park based on the programmatic desires of current ownership; and report on the cost and schedule for Laurel based upon the implementation of recommendations from a report on the status of Maryland Thoroughbred racing operations, including models and recommendations regarding future and planning operations for the Maryland Thoroughbred racing industry.
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At its September 9 open Board meeting, the Maryland Thoroughbred Horsemen’s Association (MTHA) Board of Directors voted unanimously to increase the purse allocation for finishers from 6th place through last in overnight races. The payout, which had been fixed at $300 since April 2022, will now rise to $500, effective immediately.

Maryland horsemen have emerged as meaningful beneficiaries of the collaborative dual-state stakes schedule and new bonus incentives, according to statistics covering the period from June 21 through August 23 of this year.