The corporation that owns Pimlico Race Course reported this week that it made $7.9 million on the day of the Preakness, the second leg of horse racing's Triple Crown.
Unfortunately, however, Magna Entertainment Corp. also reported that it lost $3.8 million during the rest of the year. And since making a profit is what corporations are supposed to do, Magna announced it would cut the number of racing days from 200 to 112.
Magna said it cannot compete against tracks in Delaware and West Virginia which have slot machines. In addition, slots for Pennsylvania horse tracks have been approved, which would put Maryland at an even greater disadvantage.
Though Gov. Robert Ehrlich campaigned on a pro-slots platform and legalization has the support of Senate President Thomas V. Mike Miller, it's been held up by House Speaker Michael Busch.