Real estate mogul and former Democratic Party big whig Nathan Landow just doesn’t seem to know when to quit. Or he’s got pluck — we still can’t decide.
Two weeks after the sale of Rosecroft Raceway to gambling company Penn National Gaming was finalized, Landow is still contesting the transaction with a motion pending in court.
Landow was the losing bidder to Penn National at the track’s auction in January. Baltimore Orioles owner Peter Angelos was also a bidder but stepped out after the first round, meaning he was likely only in the race to drum up interest and bidding.
The trustee for Rosecroft, in Prince George’s County, filed an opposition statement this week in federal bankruptcy court calling Landow a “disappointed bidder” and his objection motion “moot.”
Landow already lost his first objection to the sale, when he tried to bamboozle the sale hearing in court last month. That resulted in a mini-auction for Rosecroft, which drove up Penn National’s final purchase price to $11 million.
“Here, there is no question that Landow is simply a frustrated, disappointed bidder,” trustee James J. Murphy said in his filing. Later, he adds:
