Horse Racing News is the source of thoroughbred racing information with horse racing odds, betting tips, racing picks, race results, and handicapping. Latest news and articles on top horse racing contenders, jockeys, trainers, three-year-olds, race tracks, and major stakes races such as the Triple Crown races: the Kentucky Derby, Preakness and Belmont Stakes as well as the Breeders' Cup horse races.Mohegan Sun Bids for New York Racing
Posted on Tuesday, July 17th, 2007
NEW HAVEN, Conn. (AP) — Mohegan Sun, which operates one of the world’s most successful casinos in Connecticut, has formed a partnership with one of the bidders hoping to run thoroughbred racing in New York.
The Indian tribal company has teamed up with Capital Play in seeking the 20-year franchise to operate Aqueduct, Belmont and Saratoga race tracks.
“They’re a fantastic partner, obviously a great success,” said Karl O’Farrell, chief executive officer of Capital Play. “We’re very pleased to have them as our partner. They have one of the best casino operations in the world.”
Capital Play, which helped revive Australian racing, says Mohegan Sun would help in its efforts to revive horse racing in New York by making the tracks entertainment destinations as well as gambling operations. O’Farrell said that could include night clubs and top restaurants.
Mitchell Etess, chief executive officer of Mohegan Sun, said papers forming the partnership were signed Friday.
The move is the latest by Mohegan Sun to expand and diversify. Mohegan Sun is expanding its Connecticut casino and last year opened slot machines at the Pocono Downs harness racing complex outside Wilkes-Barre, Pa.
New York officials are hoping to select a franchise winner or winners before Dec. 31, when the franchise held since 1955 by the New York Racing Association expires.
New York Gov. Eliot Spitzer has said the recommendation could be for one competitor to run racing at all three tracks as well as video slot machines at Aqueduct and Belmont. Or, one entity could run racing while another runs the video slots.
Tags: Mohegan Sun, New York Racing, New York Race Tracks
"Mohegan Sun Bids for New York Racing" was posted on Tuesday, July 17th, 2007 at 9:30 am and is filed under Aqueduct, Belmont Park, Horse Racing Industry, Race Tracks News, Saratoga, USA Horse Racing. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.
Previous Horse Racing News Entry:
Del Mar Inaugurates Artificial Race Track
Next Horse Racing News Entry:
Champion Horse Funny Cide Retires at 7
Comments are closed.