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Posted at 11:05 AM ET, 01/ 5/2011

Orioles owner makes bid for Rosecroft

By Washington Post editors

Baltimore Orioles owner Peter G. Angelos has put in a bid to buy Rosecroft Raceway in Fort Washington and is pushing to bring slot machines there, The Baltimore Sun reports.

If the deal were to go through, Angelos would pay $9 million in cash plus another $5 million if slots are permitted at what was once a thriving center of harness racing.

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The purchase agreement needs to be approved by the bankruptcy court. And there are several other issues that need to be worked out. Legalizing slots requires a voter-approved amendment to the state constitution. And Angelos is prohibited from having a direct ownership stake in a gambling business under Major League Baseball rules.

By Washington Post editors  | January 5, 2011; 11:05 AM ET
Categories:  Maryland  
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Comments

I used to go to that track when I was a kid. What a dump. I had fun though. Oh, and Angelos is a punk.

Posted by: kerewin1971 | January 5, 2011 8:39 PM | Report abuse

I used to go to that track when I was a kid. What a dump. I had fun though. Oh, and Angelos is a punk.

Posted by: kerewin1971 | January 5, 2011 8:40 PM | Report abuse

And Angelos is prohibited from having a direct ownership stake in a gambling business under Major League Baseball rules.
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Huh? So either he sells the O's (we can only hope) or he can't do the deal. Few more facts would be helpful.

Posted by: randysbailin | January 5, 2011 9:27 PM | Report abuse

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