Many hope Rosecroft revival is on the way as reopening set

By: Liz Farmer | 08/22/11 7:05 PM
Examiner Staff Writer Follow Her @LizFarmerDC

Long-beleaguered Rosecroft Raceway is slated to reopen Thursday after being closed for more than a year, the first step in what some believe will be a revival of the Prince George's County harness racing track.

Rosecroft will reopen for simulcast betting -- bets placed at Rosecroft on races being run at other harness tracks. Owner Penn National Gaming, which bought the Fort Washington track out of bankruptcy in February, plans to bring back live racing on Oct. 21. The 20 racing days will be the first season for the track since the former owner halted racing three years ago.

Click to read more ...

Live racing coming soon to Rosecroft?

By: Liz Farmer | Examiner Staff Writer Follow Her @LizFarmerDC | 07/07/11 10:53 AM

Live horse racing may soon be back on it's way to Prince George's County's Rosecroft Raceway after a more than three year drought. The track's new owner, Penn National Gaming, was conditionally awarded a racing license this week by the Maryland Racing Commission.

Under the conditions set forth by the commission, Penn National, which bought the track out of bankruptcy earlier this year, must guarantee the track’s operations through 2012. Rosecroft must host 20 live racing meets through the end of this year and 54 in 2012. Under those conditions, racing can return to Prince George’s County as soon as August 1.

Click to read more ...

Bethesda developer spunky -- or pig-headed?

By: Liz Farmer 03/10/11 11:32 AM
Examiner Staff Writer

Real estate mogel and former Democratic Party big whig Nathan Landow just doesn't seem to know when to quit. Or he's got pluck -- we still can't decide. Two weeks after the sale of Rosecroft Raceway to gaming company Penn National Gaming was finalized, Landow is still contesting the transaction with a motion pending in court.

Landow was the losing bidder to Penn National at the track's auction in January. Oriole Owner Peter Angelos was also a bidder but stepped out after the first round, meaning he was likely only in the race to drum up interest and bidding.

Click to read more ...

Developer fighting Rosecroft sale

A Bethesda developer is fighting the sale of Prince George's County's bankrupt harness racing track to an owner with interest in Laurel and Pimlico racetracks.

Nathan Landow was the losing bidder in the Jan. 28 auction for Rosecroft Raceway when he couldn't meet Penn National Gaming's $10.25 million bid.

Click to read more ...

New owner for Rosecroft means slots surge in Maryland

The emergence of Penn National Gaming as Rosecroft Raceway's new owner sets the stage for a new slots battle in Maryland that will be just as fierce as the last one, which stretched out for more than a decade.

Already a co-owner of Maryland's two thoroughbred tracks, Penn National swooped in as the victor in Rosecroft's bankruptcy auction, bidding $10.25 million for the beleaguered Prince George's County harness-racing track.

Click to read more ...