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Penn National Gaming, the developers behind the Columbus Casino have gotten the approval for their purchases of the Beulah Park horse racing track in Grove City, according to reports by both The Dispatch (“With slots a possibility, horse tracks snapped up“) and Business First (“Regulators OK Beulah Park sale to Penn National“). Last year, Governor Strickland pushed for legislation to allow for the installation of slot machines at seven race tracks throughout Ohio including both Beulah Park and Scioto Downs.
The fate of the slot machine legislation may come down to a statewide vote this November. Do you support the addition of non-casino slot machine gaming in Ohio?
It sounds like all Columbus needs now is to legalize prostitution..then they’ll be all set.. (sarcasm).
Do you support the addition of non-casino slot machine gaming in Ohio? Yes
NO NO NO!!- What is happening! I thought that Columbus was better than that. Do we have the extra $$$ for social services that will be needed now we have brought this blight into our neighborhood?
Racetrack slots now closer to a ‘go’
TUESDAY, JUNE 29, 2010
BY JAMES NASH
THE COLUMBUS DISPATCH
After spending more than $1.5 million to give Ohioans the right to vote on electronic slot machines at racetracks, three conservative activists abandoned their campaign yesterday – which appears to give Gov. Ted Strickland the go-ahead to proceed with his plans for 17,500 slot machines.
Strickland, however, appears to be in no hurry to revive his year-old proposal to turn Ohio’s seven racetracks into mini-casinos.
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I think the cat is already out of the bag on this one. Once voters approved the four casinos, it opened the door for more moves like this one. Honestly, I don’t have a problem with putting slot machines in at the race tracks, since, at least here in Columbus, it’s an existing site on the outer fringes of town. Keep it out there.
Outer fringes comparative to Columbus, maybe… but Beulah Park is actually located adjacent to Downtown Grove City, which they’ve been working on redevelopment plans for over the past few years. I’m wondering how this will impact those efforts.
Friday, July 23, 2010
Tracks off to the races to beat casinos
BUSINESS FIRST OF COLUMBUS – BY Jeff Bell
The race is on to install video slot machines at Ohio’s horse tracks before casinos start to open two years from now in Columbus, Toledo, Cleveland and Cincinnati.
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Monday, September 27, 2010, 12:44pm EDT
Scioto Downs parent lands financing for potential slots
BUSINESS FIRST OF COLUMBUS
The parent of Scioto Downs is tackling debt on its balance sheet as it waits for the gates to open on slot machines at Ohio’s race tracks.
Chester W.Va.-based MTR Gaming Group Inc. (NASDAQ:MNTG) said it has repaid a $10 million loan through Aladdin Credit Advisors LP under a deal that provides for a new $20 million credit facility. MTR said the funding deal, which expires in 2013, will help finance corporate operations and potential capital spending at Scioto Downs in the event that video slot machines are allowed at Ohio’s tracks.
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Horse track’s new owner makes upgrades, hopes state will OK adding slot machines
Wednesday, October 13, 2010
BY DAN GEARINO
THE COLUMBUS DISPATCH
Beulah Park began its fall horse-racing season yesterday with a new owner and some long-needed improvements. Penn National Gaming Inc. bought the Grove City track this year for $37million and has spent roughly $500,000 so far on upgrades.
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