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Saturday, December 15, 2012

MD. HORSE RACING INDUSTRY MAKES 10-YEAR AGREEMENT

ANNAPOLIS, Md. (AP) — An elusive long-term agreement has been reached for Maryland's struggling horse racing industry that includes 146 live racing days next year at the state's major tracks and avoids the annual uncertainty in recent years about racing dates, negotiators and Gov. Martin O'Malley announced Friday.

In 2010, live racing was on the verge of collapse before the O'Malley administration intervened to work out a short-term arrangement to keep it going. Since then, the industry had aimed for a long-term plan to bring stability to horse racing.

The parties say they will ask the Maryland Racing Commission to approve the 2013 schedule on Tuesday.

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