Alabama Football Program Nets $47M-Plus Profit Texas A&M Athletic Department Makes $57.2M In '15-16 N.C. Still In Limbo As ACC Championship Host Site Washington State Athletic Deficit Shrinking LSU Athletics Turns $12M Profit In '15-16 Sources: BC Wasn't Going To Renew Bates' Contract Kentucky Increases Price For Football Season Tickets Florida AD Stricklin Puts Twitter To Good Use Schools Increasingly Rely On Private Plane Use Boston College AD Bates Resigns To Take CSA Job
SBD/October 16, 2012/Colleges
NCAA Pulls Five Championships From New Jersey Over Adopted Gambling Regulations
Published October 16, 2012
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BETTING ON THE PASS LINE: In Maryland, Tim Prudente noted a committee “lobbying to expand gambling in Maryland pledged to give the Washington Redskins $450,000 on Oct. 1.” The next day, Redskins President of Business Operations Dennis Greene “praised plans for a casino to open in Prince George’s County.” Greene said that he “felt obligated to support expanded gaming in the state because it would create jobs and bolster school funding.” Greene “didn’t mention the committee, called For Maryland Jobs and Schools, had offered up nearly a half million dollars to the team.” The committee also “spent at least $15.9 million on advertising as it works to convince Maryland voters to support Question 7, which would legalize Las Vegas-style table games, such as blackjack, and permit a casino to open in Prince George’s County” (Annapolis CAPITAL GAZETTE, 10/13). Meanwhile, in Baltimore, Chris Korman reports “more than $26 million -- 7 percent of all revenue from slots in Maryland -- has been pumped into racing purses at the state's tracks over the last two years.” Leaders in the Maryland horse racing industry have been “consumed by efforts to craft a long-term plan for their sport.” Maryland Thoroughbred Horsemen's Association General Counsel Alan Foreman said that “representatives from the horsemen's association and the Maryland Jockey Club -- which owns Pimlico and Laurel -- have worked to craft a multiyear deal outlining the number of race days and how they are funded.” In recent years, the horsemen and Jockey Club Owner Frank Stronach have “dragged the negotiations well into December, feeding sentiment that the horse racing business in Maryland is unstable and leaving breeders, trainers, jockeys and owners reluctant to make a commitment to working in the state” (Baltimore SUN, 10/16).