Pimlico race course's future may depend on slots
The Pimlico race course is the home of the
second leg of the Triple Crown, the Preakness Stakes, however,
it's future in the horse racing business look grim.
to Gov. Martin O’Malley, allowing slots in the state of Maryland
could be to only way of survival for the horse racing industry
in the state, and maybe the only way Maryland could hold on to
the Preakness Stakes. According to O'Malley's numbers, if around
1,500 slot machines are made operational across the horse racing
tracks in the state, this would bring over $50 million in
additional revenues, and help keep a lot of the horse track
In addition, numbers show that over $400
million in wagers leave Maryland annually to go to the
neighboring Pennsylvania, Delaware and West Virginia. Keeping
those millions in the state could help Maryland with its
structural deficit, and would boost the horse racing industry,
as well, claim the supporters of legalizing the slot machines.
Historic Pimlico Race Course first opened on
Oct. 25, 1870, making it the second-oldest racetrack in the
United States. "Pimlico" was a name given to the area in
Maryland by English settlers during colonial times.