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Remember Tioga Park in New York's southern tier? If you don't, you're not alone. But the former Quarter Horse track is being shopped around as a potential investment in light of the fact the concept of video lottery terminals at racetracks is generating much discussion in the state legislature. Meanwhile, Gov. George Pataki said the VLT proposal would be considered.
Tuesday, June 19, 2001Bill Bork, the longtime racetrack executive who spent much of his time in Pennsylvania, where he even helped get old Pitt Park off the ground, will retire as president of Penn National Gaming in May. Richard Orbann, president of soon-to-close Garden State Park and a top official with Pennwood Racing, will take over for Bork.
Tuesday, April 17, 2001Penn National Gaming has inked a deal with Playboy Enterprises to develop PlayboyRacingUSA.com, the company's online pari-mutuel wagering site. Operations could begin by the third quarter of 2001.
Monday, April 16, 2001Penn National Gaming reported triple digit increases in revenue and earnings for the fourth quarter ending Dec. 31. Slot machines at Charles Town Races and two Mississippi casinos fueled the growth.
Thursday, February 08, 2001PlayandWin Inc. and Penn National Racecourse, a wholly owned subsidiary of Penn National Gaming, Inc, have reached an agreement under which Penn National will act as a wagering hub for all hosting services for Racingo in the United States.
Tuesday, November 28, 2000Although the biggest players in North American racing are among the bidders for the New York City Off-Track Betting Corporation, the New York Racing Association reportedly has the inside track to purchase the company.
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