A dispute over account wagering in Virginian could lead to a lawsuit against Colonial Downs, the Richmond Times-Dispatch reported May 19.The Maryland Jockey Club, which has a 50-year management agreement with Colonial Downs, claims the contract obligates Colonial to pay it 2% of all handle generated through any account-wagering system licensed in Virginia. Colonial Downs believes the MJC isn't entitled to any of the money.The newspaper reported the MJC, via a subsidiary called the Maryland-Virginia Racing Circuit, has filed a bill of complaint in U.S. Circuit Court in Richmond, Va. Unless the parties can settle their differences, the suit will be served, said Lane Kneedler, a lawyer who represents the MJC.The suit isn't expected to impact the Colonial Downs' meet that runs from June 11 through July 26. Track president Ian Stewart wasn't available for comment.
Colonial Downs, MJC in Dispute Over Account Betting
Most Popular Stories
- Irish War Cry Morning-Line Pick in Wide-Open Haskell
- Fayeq Impresses in Saratoga Allowance Victory
- Stellar Wind, Vale Dori Face Off Again in Hirsch
- Into the Gray Brings Graydar First Winner
- Successful Sire City Zip Dead at 19
- Accelerate Springs Stunning Upset as Arrogate Falters
- Jockey Flores Plans to Retire From Riding
- Always Dreaming, Cloud Computing Head Jim Dandy
- Look Back: Bernardini's Dandy Score at Saratoga
- Ascend, Bigger Picture to Clash in Bowling Green
