Friday, November 02, 2007

Rally in Annapolis

The sign on the left says it all! That is why the horse industry is shutting down today to rally outside the state house, here in Maryland. In 1984 the "Baltimore Colts" packed up the Mayflower moving vans by cover of dark and moved to Indianapolis. If things don't improve for the industry and the tracks, the second jewel of the triple crown, the Preakness Stakes will also be forced to move. So will the breeding and training operations.

According to todays Baltimore Sun article, you can forget everything I have posted about slots this week, as it has changed every day during this special session. The numbers keep changing, and the odds of us seeing slot machines soon would be 5-1 (my opinion). The one new twist I heard from yesterdays debating was that $40 million of the annual slot proceeds would need to go into track renovations. If this is worded properly (ie. grandstands, track, turf, stalls, etc.) this could be the life raft that Pimlico needs.

We should get some great quotes from todays rally in Annapolis. As always, stay tuned!

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