Horse track owner wants to move Raceway Park
Thu, 10 Feb 2011 16:27:26 GMT —
TOLEDO, Ohio (AP) - A gaming company building casinos in Ohio says it will move its horse tracks in Toledo and the Columbus area to new sites within the state if lawmakers allow video slot machines at all of Ohio's racetracks.
Penn National Gaming Inc. wants to build new tracks near Youngstown and in Dayton, at the site of an abandoned auto parts plant.
The company says it will spend $400 million on the two new tracks.
The moves would mean the end of Raceway Park in Toledo and Beulah Park in suburban Columbus. Penn National is building casinos in both those markets and says they'd be competing for customers with the tracks.
The biggest hurdle may be securing approval of video slots. Gov. John Kasich says he wants to study the idea.
Penn National Gaming broke ground on a new casino in East Toledo last August. The Hollywood Casino Toledo is expected to open in 2012.
(Copyright 2011 by The Associated Press. All Rights Reserved.)