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Four Virginia Localities OK Off-Track Betting

Racing officials in Virginia were pleased to find out on Tuesday night that voters in three localities approved referenda to allow the expansion of off-track betting. They were waiting to find out the results for a fourth locality in northern Virginia.

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.

Magna Gets Approval to Operate Colonial Downs

The Virginia Racing Commission approved Wednesday an application that allows Maryland Racing Inc. to acquire a majority interest of the Colonial Downs operator's license. Maryland Racing is owned by Magna Entertainment Corp. With the approval, Magna Entertainment's purchase of Laurel Park and Pimlico can be finalized.

Virginia Derby Purse Hike Approved By Panel

The Virginia Racing Commission has approved a request that would allow Colonial Downs to become a guarantor of the debt of its parent company, Gameco. The proposal is part of a long-range plan that increases the purse of the Virginia Derby to $500,000 for at least three years.

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.

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