Balmoral Park and Maywood Park in Chicago are going up for sale as part of a deal to end a legal fight with Illinois riverboat casino operators, the Wall Street Journal reported on Saturday. The casino operators won an $82 million judgment against the tracks’ owners over an alleged bribery scheme involving disgraced ex-Illinois Gov. Rod Blagojevich. The tracks filed for bankruptcy in December to prevent the casinos from trying to collect that money. As part of a negotiated settlement between the gambling-industry competitors, racetrack officials face a June 29 deadline to hire an investment banker to help look for buyers, according to documents filed in U.S. Bankruptcy Court in Chicago.
