Watch CBS News

Horse Racing Officials Work On 10-Year Plan In Md.

BALTIMORE (AP) -- An attorney close to negotiations on horse racing in Maryland says he's hopeful a long-term plan to bring stability to the state's industry will be reached by the end of the week.

Alan Foreman, an attorney with the Maryland Thoroughbred Horseman's Association, said Monday that negotiations are taking place between the horsemen's association, the Maryland Horse Breeders Association, the Maryland Jockey Club and its parent company, The Stronach Group. They hope to reach a 10-year deal.

Foreman says it's the long-term plan that has been needed for some time. In 2010, the state brokered a last-minute deal to allow 146 racing days, after the racing commission rejected a proposal by owners of Laurel Park and Pimlico Race Course, home of the Preakness Stakes, the second leg of the Triple Crown.

(Copyright 2012 by The Associated Press. All Rights Reserved.)

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.