Maryland Virginia Racing Circuit

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Colonial Wants More Dates; Sets Turf Stakes

Colonial Downs will continue with its plan to gradually add more Thoroughbred racing dates, having asked the Virginia Racing Commission for 42 days in 2006, two more than this year and eight more than 2004.

Magna Sells Management Interest in Colonial Downs

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Magna Entertainment Corp. and Colonial Downs, L.P. announced Thursday they have entered into an agreement under which Colonial LP will acquire all of the outstanding shares of Maryland- Virginia Racing Circuit, Inc., a subsidiary of Magna Entertainment.

OTB Expansion, Account Wagering Set in Virginia

Racing fans in Virginia probably will have more outlets at which to place wagers in the coming months. New off-track betting parlors and account wagering are expected to increase handle in Virginia, and ultimately lead to more racing days at Colonial Downs.

Virginia: Contract Signed, Turf Festival Planned

The Virginia Racing Commission Jan. 15 approved a five-year deal between the Virginia Horsemen's Benevolent and Protective Association and Colonial Downs, and also heard of plans for a $2-million turf festival in the state.

Maryland Track Deal Figures to Have Broad Impact

Magna Entertainment has plans to transform Maryland's premier Thoroughbred racetracks into "destination entertainment centers," and apparently expand off-track wagering in the state. At this time, though, officials are reluctant to discuss details.

Colonial Downs, Virginia Horsemen Have Contract

The Virginia Racing Commission on Feb. 20 approved a contract between Colonial Downs and the Virginia Horsemen's Benevolent and Protective Association, and also discussed a decline in handle at off-track wagering facilities in the state.

Virginia Racing Has Legislative Wish List

The Virginia Racing Commission may take a more active role in regulating horse racing if the recommendations of a blue-ribbon committee are implemented. The panel suggests a need for more off-track wagering facilities, elimination of a law that mandates 150 live racing dates by 2006, and addition of account wagering.

Still No Loan, But Colonial Meet Remains on Track

Only weeks before the scheduled opening of its Thoroughbred meet, Colonial Downs still hasn't secured a loan to fund purses for its summer meet. It appears, though, that track owner Jeffrey Jacobs and some horsemen are prepared to provide the funds in the interim.

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