Colonial Downs to sell off OTB properties
Colonial Downs announced it would sell off the properties of its former OTBs, marking what the company called “the end of an era for Virginia horse racing.”
Colonial Downs announced it would sell off the properties of its former OTBs, marking what the company called “the end of an era for Virginia horse racing.”
At its meeting yesterday, the Virginia Racing Commission rejected several Colonial Downs proposals – and made clear it’s fed up with the company and its owner.
Colonial Downs today abandoned its plans for racing in 2015 and sued the state Racing Commission to win recognition of its dissident horsemen’s group.
The future remains murky, the Virginia Racing Commission learned, with the present characterized by shuttered facilities, withheld payments, and failed negotiations.
Colonial Downs announced today it would close all of its off-track betting facilities and its advance deposit wagering company, EZ Horseplay.
With legislation to govern Virginia racing now passed, new questions abound: Where and when will racing take place? And who will run it?