Racetrack Sale

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Officials: Sale of Scioto to MTR Gaming a Go

Officials with Scioto Downs in Columbus, Ohio, said May 22 all systems are go on its purchase by MTR Gaming Group, owner of Mountaineer Race Track & Gaming Resort in West Virginia.

Report: Monmouth, Meadowlands May Be Sold, Leased

The New Jersey Sports and Exposition Authority will formally begin the process of selling or leasing Monmouth Park and Meadowlands in June, a move that could put more than $250 million in the financially strapped state agency's coffers, according to published reports.

Ohio Panel Conditionally Approves Racetrack Sale

  • News

The Ohio Racing Commission has conditionally approved the sale of Scioto Downs, a Columbus Standardbred track, to MTR Gaming, owner of Mountaineer Race Track & Gaming Resort in West Virginia.

Report: Offer Could Be Made For Ellis Park

  • News

The owners of Balmoral Park and Maywood Park in Illinois are interested in purchasing Ellis Park, the western Kentucky racetrack owned by Churchill Downs Inc., according to published reports.

Magna Buys Majority Interest in Pimlico, Laurel Park

Magna Entertainment will hook up with Joe and Karin De Francis to own and operate Laurel Park and Pimlico Race Course under a $117.5-million deal announced July 15. At least a partial sale of the two Maryland racetracks has been rumored for months.

MJC Attorney: No Deal Made for Sale of Racetracks

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A Maryland Jockey Club attorney told Maryland legislators June 25 that no deal has been made to sell Laurel Park and Pimlico Race Course to Magna Entertainment, and that any deal would have to clear major regulatory hurdles.

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