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Thistledown Racetrack In Ohio For Auction Today

Tuesday, 25th May 2010

In Ohio, MI Developments "intends to offer Thistledown racetrack near Cleveland for sale during a May 25 (today) auction in New York" reported bloodhorse.com. Meanwhile The Cleveland Plain Dealer newspaper reported that Harrah's Entertainment (which had a deal last year to buy the track for US$89.5 million "at a time when racetracks appeared to be in line for video lottery terminals") remains "interested in the purchase but would rather pay less". Ohio tracks "could still get VLTs under several scenarios: they could be authorised under legislation being prepared for regulations that will govern 4 full-scale casinos approved in a November referendum last year".

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