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Posted at 10:53 AM ET, 02/ 2/2011

Bankruptcy judge to review Rosecroft sale

By Associated Press

A federal bankruptcy judge is scheduled to review the bid submitted by Penn National Gaming Inc. to buy Rosecroft Raceway in Prince George's County.

Judge Paul Mannes is set to review the deal Wednesday.

Penn National submitted the winning bid Friday for $10.25 million in cash.

Penn National co-owns Laurel Park and Pimlico Race Course, home of the Preakness Stakes, the second leg of racing’s Triple Crown. The company also owns the Hollywood Casino in Cecil County.

By Associated Press  | February 2, 2011; 10:53 AM ET
Categories:  Maryland  
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