11.07.2015 Views

2005 - Harness Tracks of America, Inc.

2005 - Harness Tracks of America, Inc.

2005 - Harness Tracks of America, Inc.

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

HARNESS TRACKS OF AMERICAExecutive NewsletterA daily fax and e-mail report on racing and gaming developments in North <strong>America</strong> and beyondStanley F. Bergstein, Editor January 5, <strong>2005</strong>OFFERS FOR TRACKS, SORT OF Duff noted in his story that there is no indication,despite the current dates controversy, thatIn New York, Jeff Gural, one <strong>of</strong> New York City’sbiggest real estate executives and a major player Windsor Raceway is for sale.in harness racing, says he is interested in buyingVernon Downs, but with a condition that may be In regards to the dates issue, the Ontario Racingvery hard to meet. Gural, who bought abandonedTioga Park last year and is preparing it dates from Windsor Raceway as <strong>of</strong> today. TheCommission says it has no new application forfor a harness meeting, is willing to buy Vernon, commission also advises HTA that our report inas he has tried to do in the past, but only if the this newsletter that the commission had proposedracino proceeds are doubled from 20% to 40%. a 153-date schedule was erroneous, and that atGetting that done may be difficult in a legislaturethat can’t even come up with a state budget ule for Windsor for <strong>2005</strong>.no time did the commission propose such a sched-on time. Gural told the Syracuse Post-Standard,“You can’t possibly make a go <strong>of</strong> it at 20%. Theonly way I’m interested would be if we’re able toget the legislation changed.” Gural also said heis talking with another bidder for Vernon,Casinopartners Management Group, but EddieLynn, the COO <strong>of</strong> that company, declined to commenton a possible deal with Gural. Lynn wasgeneral manager <strong>of</strong> Fort Erie Racetrack and Slotsin Ontario for five years. Lee Woodward, bankruptcylawyer for Mid-State Raceway, whichowns Vernon Downs, confirmed talks with bothpotential buyers.In Windsor, Ontario, columnist Bob Duff <strong>of</strong> theWindsor Star quoted seven-time Canadian trainingchampion Bob McIntosh <strong>of</strong> nearby LaSalle,as saying a group <strong>of</strong> Michigan owners have contactedhim <strong>of</strong>fering to buy Windsor Raceway.Windsor currently is closed for racing in a disputewith the Ontario Racing Commission andOntario <strong>Harness</strong> Horse Association over number<strong>of</strong> racing dates. McIntosh said he understoodthat Tandem Entertainment, part <strong>of</strong> the WindsorbasedToldo Group <strong>of</strong> companies, had bought thetrack by assuming $36 million <strong>of</strong> debt last year,and said the potential Michigan investors -- ownersin his stable who wished to remainanonymous -- were not fazed by thatnumber. “They’ve got that kind <strong>of</strong>money,” McIntosh said <strong>of</strong> the group.INDIANA TRACKS GET BOOSTIt remains to be seen how far it goes, but a keyRepublican lawmaker in Indiana -- Luke Messer<strong>of</strong> Shelbyville -- says he will introduce legislationthat calls for 2,500 slots at both HTA tracks inthe state, Hoosier Park and Indiana Downs.Messer says his bill will not include a casino indowntown Indianapolis, but acknowledged thatwhile it limits the expansion <strong>of</strong> gambling “it won’tbe the last version. In the end, it will likely lookmuch different,” since he is open to compromiseon a casino in Indianapolis. Messer says the legislationis intended to help keep the IndianapolisColts in that city by building a new stadium, amove proposed by the mayor <strong>of</strong> Indianapolis,Bart Peterson, who also wants the stadium paidfor by slots at the state’s two tracks and a casinoin the heart <strong>of</strong> the city.HANOVER ACTS ON OWNERSHanover Shoe Farms has announced it will sponsorsix <strong>of</strong> the USTA-staffed seminars for new owners.Run by <strong>Harness</strong> Racing Communications’Ellen Harvey, the seminars have produced some140 new owners in the sport, and 60% <strong>of</strong> themhave bought more than one horse. More than 600people in 11 states have attended the seminars.Hanover president Jim Simpson said the farmwants to help give new owners tools for successin the sport.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!