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No Slot Machines, No Pimlico

Magna Entertainment Corp, which owns Pimlico Race Course, has desired slot machines at the track for some time now. They have been saying that they need the slot machines to keep the track going, and that they need the money to increase their purse size. They say the slot machines will allow them to do that, and to bring in more business.

Now, however, their CEO Michael Neuman, says that although he is optimistic that slot machines will get approved, he is aware that without them the Preakness Stakes will no longer be in Maryland. Neuman says that the race will end up in some other state.

The state has already lost the number two race, the Pimlico Special, as the company did not have enough money to fund the purses. They are saying that it is possible that the company will move the second leg of the Triple Crown, but they don’t know when that might be.

Experts say that without slot machines it would be inevitable. They say that the track will not have the money for the purses, and therefore the race will have to go somewhere else. They say that if the legislature approves slot machines, they will be able to use that revenue to fund the purses thus ensuring the stability of the race.

Many think that this past 132nd running of the Triple Crown Race could be Maryland’s last. The governor has already said that he is in support of limited slot machines at the tracks to keep the Preakness in Maryland, but any and all slot machine legislation has failed to get passed.

 

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