Should Maryland Seize a Racetrack to Maintain Preakness Stakes?

The latest news from Annapolis is that Maryland Governor Martin O'Malley is asking legislators and aides to work on paperwork to seize the Pimlico racetrack in order to preserve the Preakness Stakes in the state of Maryland.

According to news reports from The Baltimore Business Journal, O'Malley and legislators are concerned that a new owner to the track could close it down and turn it into a shopping mall.

Should the state of Maryland seize the track by eminent domain? Post your comments.

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