intellectual property

Maryland Governor Wes Moore has announced that the state of Maryland has matched the $85-million bid from Churchill Downs for the intellectual property and branding rights to the Preakness, which will now be held by the state. The story was first reported by the Baltimore Banner. Gov. Wes Moore said in a statement provided to the Banner that his administration has made "historic investments" to ensure the future of Maryland's racing industry, and that the $85-million decision will secure a "vital asset for our state." It will "preserve Maryland's position...