Pimlico owner Stronach Group to purchase Rosecroft...

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The Stronach Group has agreed to purchase Prince George’s County’s Rosecroft Raceway from the Penn National Gaming Inc., growing its number of operating race tracks in Maryland to three with Pimlico Race Course and Laurel Park. Maryland Jockey Club General Manager Sal Sinatra said he could not disclose the purchase price and the agreement is subject to closing conditions. The purchase will also have to be approved by the Maryland Racing Commission and is expected to be finalized by the end of June…