Vernon Downs Gains Reprieve from Closure
Updated: Tuesday, December 31, 2002 7:45 PM
Posted: Sunday, December 29, 2002 4:33 PM
Vernon Downs, ordered to shut down Dec. 31, won a temporary reprieve Friday when a New York State Supreme Court justice in Albany granted a restraining order holding off the closing for about 30 days.
The state Racing and Wagering Board rejected the track's application for a 2003 license on Monday and ordered the closure, citing the track's history of financial problems.
The track plans to appeal the license denial before the racing board, Vernon Downs Marketing Director Mark Scalzo said.
Two officers of the track's parent company, Mid-State Raceway, Andrew W. Goodell, the chief executive officer and president, and board chairman David Jensen resigned Friday evening during a board of directors meeting, Scalzo told the Syracuse Post-Standard.
The company decided it would pursue a plan to install as many as 1,200 video lottery terminals if it can regain its operating license.
FREE! E-Newsletters from The Blood-Horse!...
Follow the top stories of major racing events, racing previews and results with FREE e-newsletters from bloodhorse.com. As news develops, we'll deliver updates to your inbox. Follow important events moment by moment, step by step!