Greenwood Gaming and Entertainment and the Pennsylvania Thoroughbred Horsemen's Association announced Dec. 10 they have extended their live racing contract at Philadelphia Park Casino and Racetrack for seven years, with Greenwood promising to make substantial improvements to the backstretch as well as revert most of the grandstand back to a venue for horseplayers.
Philadelphia Park Casino executives drew a rebuke from state regulators Aug. 7 over their unfinished plans to reshape the design of a permanent gambling hall they want to build next to the Thoroughbred racetrack.
Two months after it petitioned the Pennsylvania Gaming Control Board to reclassify its grandstand as a permanent slots casino--a move that fueled speculation it was trying to renege on plans to build a $300-million, stand-alone casino on track property--Philadelphia Park Casino & Racetrack has asked that the petition be ignored.
Philadelphia Park will become Philadelphia Park Casino and Racetrack Dec. 19 when it officially begins slot-machine operations in Bensalem Township, Pa.
The first phase of a multimillion-dollar renovation to the grandstand in anticipation of slot machines is nearly complete at Philadelphia Park.
Philadelphia Park, one of many racetracks that defected from the National Thoroughbred Racing Association earlier this decade, has rejoined the NTRA for the upcoming five-year membership period.
The Bensalem, Pa., Township Council gave preliminary approval April 15 to Philadelphia Park for construction of a 149,000-square-foot temporary building that's expected to house 3,000 slot machines should legislation pass.
Though racetrack slot machines still haven't been approved by the Pennsylvania legislature, the Bensalem Township Council is scheduled to vote April 14 on Philadelphia Park's plans for a building to house the machines.
A hearing by the Pennsylvania Racing Commission on the proposed Seaport Park by Greenwood Racing, owner and operator of Philadelphia Park, ended inconclusively Dec. 16 pending submission of additional financial information.
Jim Gagliano, executive vice president and general manager at Philadelphia Park, will leave that post Feb. 22 to take a job with Magna Entertainment. Gagliano will head Magna's off-track betting operations.
Greenwood Racing will make donations totaling $100,000 to charities involved in disaster relief efforts in the City of New York resulting from the attack on the World Trade Center Towers on September 11, 2001.
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