Keyword: Jeffrey Jacobs

  • Colonial Withdraws Request for 2015 Dates

    The owner of Colonial Downs said Oct. 15 the racetrack has withdrawn its request for Thoroughbred and Standardbred racing for 2015, as well as a request to have a new horsemen's group.

  • Colonial Owner: OK Plan or Operations Cease

    The owner of Colonial Downs said the Virginia racetrack and its network of off-track betting parlors will close Nov. 1 if the Virginia Racing Commission doesn't approve its plan for live Thoroughbred racing in 2015.

  • Colonial Downs

    Under Plan, No 2014 Racing at Colonial Downs

    The Virginia Racing Commission has asked that horsemen and Colonial Downs come to an agreement on an eight-week schedule for 2015 in a deal that would see no live Thoroughbred racing in 2014 at the New Kent, Va. track.

  • Handle Up, Attendance Down So Far at Colonial

    After 30 days of live racing, handle and attendance for Colonial Downs' Thoroughbred meet is mixed. Average daily handle on live racing at Colonial Downs is $1,224,667, up 16% over the same period last year.

  • Magna Sells Management Interest in Colonial Downs

    Magna Entertainment Corp. and Colonial Downs, L.P. announced Thursday they have entered into an agreement under which Colonial LP will acquire all of the outstanding shares of Maryland- Virginia Racing Circuit, Inc., a subsidiary of Magna Entertainment.

  • Colonial's Privatization Plan OK'd by Commission

    The plan to privatize Colonial Downs moved a step closer to fruition Tuesday when the Virginia Racing Commission, after a public hearing and about an hour of deliberation, voted 3-2 to allow the acquisition of Colonial Holdings Inc. by Gameco Inc.

  • Still No Loan, But Colonial Meet Remains on Track

    Only weeks before the scheduled opening of its Thoroughbred meet, Colonial Downs still hasn't secured a loan to fund purses for its summer meet. It appears, though, that track owner Jeffrey Jacobs and some horsemen are prepared to provide the funds in the interim.