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Racing and Community Development Act, sports betting pass General Assembly
The Racing and Community Development Act of 2020, which authorizes financing for the rebuild of Pimlico Race Course and Laurel Park, cleared the Maryland General Assembly March 18—the final day of an abbreviated session—and goes to Gov. Larry Hogan for consideration.
The legislation calls for the Maryland Stadium Authority to issue up to $375 million in bonds for the project through a combination of funds from the Racetrack Facility Renewal Account, the Purse Dedication Account, video lottery terminal payments to Baltimore City and money from the Maryland Lottery. The Act would take effect June 1 of this year.
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The Maryland Thoroughbred Horsemen’s Association (MTHA) Board of Directors met in an open meeting on June 17, 2025, at Laurel Park and via Zoom.
It’s never too early to start planning for the 2025 Ferris Allen Bootstraps Scholarship—an award created to support individuals working within the Maryland Thoroughbred racing community who aspire to further their education.
