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Jim Rasmussen, a successful owner and chairman of the Racing Association of Central Iowa until this spring when he resigned after admitting to gambling through a bookmaker, died on Oct. 15 of lung cancer.
Wednesday, October 15, 2003Former Prairie Meadows Chairman Jim Rasmussen will not face gambling charges, officials with the Iowa Racing and Gaming Commission said.
Tuesday, October 14, 2003The Iowa Racing and Gaming Commission will not pursue gambling charges against former Prairie Meadows chairman Jim Rasmussen.
Monday, October 13, 2003Jim Rasmussen apologized May 21 for illegally wagering on football, but said his decision to step down as Prairie Meadows chairman of the board was a combination of the betting controversy and ill health.
Friday, May 23, 2003Former Prairie Meadows chairman Jim Rasmussen turned in his horse owner's license and his River Ridge Ranch stable was legally dissolved May 20. The move looms as a preemptive strike to avert a June hearing at which the Iowa Racing and Gaming Commission would have considered action against Rasmussen for making illegal football bets with alleged bookmaker Robert Derryberry.
Wednesday, May 21, 2003Jim Rasmussen stepped down as chairman of the Prairie Meadows board of
directors May 9 in the midst of health concerns and charges he had bet
with a bookmaker on football games.
A Prairie Meadows board member said that chairman Jim Rasmussen should temporarily step down until an investigation is completed regarding his possible involvement in an alleged illegal sports betting operation.
Monday, April 14, 2003After more false endings than "Die Hard," the Prairie Meadows lease agreement between Polk County and the Racing Association of Central Iowa is finally official.
Thursday, May 23, 2002The Racing Association of Central Iowa gave itself two weeks to decide if it can put together a viable offer to purchase the Prairie Meadows property from Polk County.
Wednesday, March 13, 2002The Racing Association of Central Iowa has offered to purchase Prairie Meadows Racetrack and Casino for $150 million. RACI, a non-profit organization that currently runs the Altoona track, would pay Polk County $15 million a year for 10 years, according to its proposal.
Thursday, November 01, 2001The Racing Association of Central Iowa gave itself two weeks to decide if it can put together a viable offer to purchase the Prairie Meadows property from Polk County.
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