De Francis OKs Rosecroft funding

December 06, 1993|By Ross Peddicord

Laurel/Pimlico operator Joe De Francis told Maryland Thoroughbred Horsemen's Association officials over the weekend that he will accept the horsemen's offer to contribute 2 percent of their handle at the Rosecroft Raceway inter-track betting outlet to help pay for costs of operating the afternoon simulcast facility.

Horsemen will now pay about $500,000 annually to keep the site open.

However, De Francis still plans to reopen negotiations with management of the state's harness tracks to restructure the financial aspects of the cross-breed simulcasting program.

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