Maryland is spending big on horse racing. But the competition is changing.‎

BALTIMORE — As Belmont Park reopens after a $555 million transformation, Maryland is in the midst of its own ambitious — and costly — effort to secure a future for horse racing in Baltimore. The state is spending about $400 million to build a new Pimlico Race Course and another $120 million to transform Laurel Park into a year-round training center. It also paid $85 million this summer to ...