Vernon Downs

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New York Racetrack Denied Operating License

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.

Penn National Looks to Buy Maine, New York Harness Tracks

  • News

Penn National Gaming Inc. has entered into an agreement with Capital Seven to purchase all of the shares of Bangor Historic Track, a company that operates harness racing in Bangor, Maine. In conjunction with the purchase agreement, PNGI also secured an option to purchase the interests in Vernon Downs, a New York Standardbred track controlled by an affiliate of Capital Seven.

New York Racino Stalled by Licensing Difficulties

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.

Vernon Downs Officials Appeal Denial of Licenses

  • News

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.

Some New York Tracks to Have VLTs Within Months

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As the New York Racing Association sits on the video lottery terminal sidelines, others in New York are racing ahead with efforts to get the devices up and running, possibly by the end of the year.

Vernon Downs Gains Reprieve from Closure

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Vernon Downs, ordered to shut down Dec. 31, won a temporary reprieve Friday when a New York State Supreme Court justice in Albany granted a restraining order holding off the closing for about 30 days.

Former Delta Owner Seeks Tracks in Two States

  • News

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.

Horse Owners Buy New York Harness Track

In what seems to be a mini-trend in Standardbred racing, a group of horsemen will purchase Vernon Downs in upstate New York for more than $9 million pending approval by the racetrack's shareholders and the New York State Racing and Wagering Board. The deal has been approved by the board of directors, track president Justice Cheney said.

Plan for OTB-Owned Racetrack Still Alive

Western Regional Off-Track Betting Corp. paid $2.5 million for shuttered Batavia Downs, but thus far has been unable to win legislative approval to open and operate the upstate New York Standardbred track.

NYCOTB, Standardbred Tracks at Odds

State racing regulators have begun investigating a nasty new battle between the New York City Off Track Betting Corp. and Monticello Raceway and Vernon Downs after the big betting outfit suddenly stopped simulcasting races from the two upstate Standardbred tracks.

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