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Casinomasters wants to start racing again
 
December 20

In New York, the same company that wants to purchase the failing Vernon Downs harness track for $38 million has plans to begin live racing again and to operate video lottery machines there.

Casinopartners Management Inc. made the offer. The company also runs casinos in many various countries worldwide. The proposal is now sitting before the same judge that is handling the racetrack's bankruptcy.

The president of Casinopartners feels that the employees of the failing track need their jobs and he feels that his company's proposal will ensure that they have a fighting chance.

Mid-State Raceway, the company that owns the failing Vernon Downs has an attorney that says the track has received bids from many different companies that are wanting to purchase the track. The attorney admits that Casinopartners proposal is the best so far.

Since the beginning of Spring 2004, Vernon Downs has been looking for prospective buyers for the track. Racing at Vernon Downs came to a halt onJuly 23 when many horsemen complained that their prize checks did not clear the bank. It is said that some $21,000 in checks bounced.

Now, authorities are looking into the check allegations.


 


 


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