
State Audits Thoroughbred Authority; Finds “Significant” Non-Compliance With Law
On October 10, the Maryland General Assembly’s Office of Legislative Audits released the results of its fiscal compliance audit of the now-defunct Maryland Thoroughbred Racetrack Operating Authority (MTROA). The auditors reported “significant instances of noncompliance with applicable laws, rules, or regulations” and “significant deficiencies” in MTROA’s internal controls. Background The General Assembly …


