Construction on Zia Park Racetrack and Casino in Hobbs, New Mexico can now begin after former Delta Downs owner Shawn Scott filed Monday to have his lawsuit against the racing commission dropped.
New York's Racing and Wagering Board refused to renew the operating license for the Vernon Downs harness track on Friday.
- By Tom Precious
State regulators have denied a 2004 racing application for troubled Vernon Downs, a Standardbred racetrack in central New York. The Feb. 27 ruling by the New York State Racing and Wagering Board prohibits racing at the facility and keeps shuttered a recently completed video lottery terminal casino.
- By Tom Precious
Licensing problems have delayed, for possibly well into 2004, the opening of Vernon Downs, which was to become the first racetrack in New York with video lottery terminals. That honor will now go to Saratoga Raceway, which is scheduled to open its VLT operation in mid-January.
Mid-State Raceway key investor Shawn Scott and board chairman Hoolae Paoa, president and chief executive officer of the company's Vernon Downs, Miracle Isle Gaming Resort, and Miracle Isle video gaming facility subsidiaries, have appealed a decision by the New York State Racing and Wagering Board to deny their requests for permanent licenses.
Nevada businessman Shawn Scott, an applicant for a license to open a racetrack and casino in Hobbs, New Mexico, has filed a challenge to the state Racing Commission's selection of Ruidoso Downs owner R.D. Hubbard.
A group of Vernon Downs shareholders filed a lawsuit Nov. 20 seeking to gain control of the upstate New York Standardbred track from Las Vegas investor Shawn Scott.
The four groups competing for the license to open a new racetrack and casino in Hobbs either have extensive experience in racing and gaming, or have put together a management team with such expertise.
The New Mexico Racing Commission has scheduled meetings May 22-23 to hear from applicants interested in constructing a racetrack in Hobbs. The commission, at its March 28 meeting, also granted a rehearing for Lea Downs, a track proposed for Hobbs.
The New Mexico Racing Commission will take no action on licensing a racetrack in Hobbs until early next year. The delay comes after Gov. Gary Johnson removed three members of the five-member commission in November.
The New Mexico Racing Commission has delayed action for 60 to 90 days on awarding a license for a new racetrack in Hobbs near the Texas border.
The Louisiana Racing Commission will not issue any more licenses for new racetracks until it completes an economic study requested by the state legislature.
The Louisiana Racing Commission will take action Aug. 16 on a feasibility study to determine if the state needs more racetracks. There are four now, but plans have been floated for three more.
Former Delta Downs owner Shawn Scott has received approval to take over ownership of Vernon Downs in upstate New York.
Plans have been floated for two racetracks in Louisiana, but some legislators have asked the state racing commission not to issue any more licenses. They believe the plans are more about gaming than horse racing.
The New Mexico Racing Commission is expected to make a final decision within 60 days on awarding a license for racetrack and casino in Hobbs near the Texas border.
Former Delta Downs owner Shawn Scott wants to build a $25-million racetrack in New Mexico and take over a financially troubled Standardbred track in New York. Both facilities would be in line for slot machines and video lottery terminals.
Boyd Gaming, which owns Delta Downs in Vinton, La., has paid $5.1 million to former owner Shawn Scott for his remaining interest in a proposed slot-machine parlor at the racetrack, according to recent filings by Boyd with the U.S. Securities and Exchange Commission.
Boyd Gaming will keep all 700 new Delta Downs employees on its payroll even though it doesn't know when it will open its slot-machine casino at the Vinton, La., facility it purchased for $125 million.
Though Delta Downs has secured a $7-million loan as payment for liens tied to construction work, the Louisiana State Racing Commission has ordered the track to submit a financial statement by Aug. 10 or risk loss of its license, according to published reports.
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