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Author Topic: The never ending Race track Saga  (Read 11813 times)
chazman321
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chazman321 chazman321 chazman321


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« Reply #195 on: June 10, 2013, 05:43:43 PM »

Actually, them running 2 casinos in the same area is good for business. With no close competition, they get close to 100% of the business. They could even do promotions between the casinos. Spend so much between these casinos in a set period of time, earn credits on your account. Then link the accounts between casinos (via an opt-in) that way one card is good for both places and your credit travels with you...

That's how I would do it at least.


-Chaz
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SJR
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« Reply #196 on: June 10, 2013, 06:29:49 PM »

I have only been to two casinos in my life....Atlantic City many moons ago, and last year the River Casino.....the casinos don't really impress me. So many grumpy people sitting starring at the machines, arms only moving.......once in awhile a four letter word will come out of their mouthes.
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SJR
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« Reply #197 on: June 10, 2013, 06:30:49 PM »

should be their mouths
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Virgil
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« Reply #198 on: June 29, 2013, 09:29:11 AM »

Hollywood Gaming job sign-ups available online

Area residents interested in employment at Hollywood Gaming at Mahoning Valley Race Course can now register online, submit a resume and receive e-mail notification when jobs are posted for the $125 million Video Lottery Terminal and thoroughbred racing facility under construction in Austintown.

Registration information can be found by clicking here. Potential employees will be given the option of uploading a resume, and can choose to sign in by registering on the website or by using their Facebook, Google+ or LinkedIn account.

Registration ensures that potential employees will be notified by e-mail when job postings for the new facility begin by early in 2014, according to a news release. Penn National Gaming, developer of Hollywood Gaming at Mahoning Valley Race Course, also will conduct job fairs in the community once the hiring process begins.

Hollywood Gaming at Mahoning Valley Race Course will be seeking employees in a wide variety of job categories, including VLT operations, food and beverage, housekeeping, maintenance and facilities, parking, wardrobe, security and surveillance, and racing operations, as well as in administrative positions. The facility is expected to open in the summer of 2014.

http://www.wkbn.com/2013/06/28/hollywood-gaming-job-sign-ups-available-online/

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Virgil
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« Reply #199 on: July 03, 2013, 08:04:09 AM »

Investor: Region can support two casinos

Officials from Penn National Gaming expressed their commitment to building a racetrack and casino in Lawrence County last week in a meeting with county Commissioner Dan Vogler.

Vogler said representatives of the company, which is in line to manage Lawrence Downs racetrack and casino, is anticipating receiving final approval from the state Gaming Control Board in the first quarter of 2014. While Vogler didn't say when Penn National and Endeka Entertainment plan to break ground, it would be assumed that work would begin at the site in Mahoning Township near Routes 551 and 422 shortly after the control board grants a casino license.

At the meeting last week, Vogler said he spoke with Penn National CEO Peter Carlino and other top executives from the company about its plans to open two racetrack-casinos within 30 miles of each other at Lawrence Downs and in Austintown Township, Ohio.

Penn National is allowed to own no more than a 30 percent interest in Lawrence Downs because it already owns a Pennsylvania-based gambling facility, Hollywood Casino in Dauphin County. Most of the remaining interest is held by Delaware County-based Endeka Entertainment.

In terms of marketing, Vogler said Penn National would promote Lawrence Downs to the south and east, in Lawrence, Beaver, Butler and northern Allegheny counties. With the Hollywood Casino in Austintown, Penn National will focus its marketing toward the north and west, staying mostly in Ohio.

Additionally, Vogler said there will be key differences between the facilities. If approved, Lawrence Downs would have table games in addition to slot machines. Table games, such as poker, blackjack and roulette, have not been legalized in Ohio. Lawrence Downs would have smoking sections for players, while Ohio's casino law prohibits smoking in casinos.

"There are key differences between the two," Vogler said. "And I would submit that our facility has some advantages."

Another possible advantage is that Endeka and Penn National must, under its harness racing license, construct a one-mile harness-racing track at Lawrence Downs. This would be the only one-mile track in Pennsylvania, which would give the companies an opportunity to build a premier track.

The Pennsylvania Gaming Control Board met last week but did not discuss the Endeka/Penn National application. Under the state law that legalized casino gambling, the board must have at least two public hearings to discuss the proposal, including at least one hearing in the municipality where the facility is to be located.

No hearing is scheduled yet, although Vogler said it would probably be this fall at the Mahoning Township Municipal Building.

http://www.ellwoodcityledger.com/news/local_news/investor-region-can-support-two-casinos/article_020bdebb-96b0-5df3-9476-7eb660f91944.html
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Virgil
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« Reply #200 on: August 16, 2013, 05:05:30 PM »


Application for Lawrence Downs lays out job, traffic, cost expectations

August 16, 2013 12:09 am


The construction of a racetrack and casino in Lawrence County could result in nearly 1,400 temporary jobs, according to documents published Thursday by the Pennsylvania Gaming Control Board.

And within five years of construction, visitors to Lawrence Downs Casino and Racetrack could account for $131 million in annual spending, according to those same documents, and up to 1,847 "new direct employment opportunities."

The jobs and spending estimates were included in the casino license application filed May 31 by Penn National Gaming and Philadelphia-based investment group Endeka Entertainment. The two companies, now partners in the long-stalled endeavor, want to build a $160 million harness racing track and casino just to the west of New Castle.

That application was published in its entirety Thursday on the gaming board website, and is available at http://pgne.ws/nXDRJ.

The actual up-front construction job is expected to run $80 million -- other costs include licensing fees, financing costs, $17 million in fixtures and furnishings, and the costs of the slot machines themselves at $13 million.

The casino hopes to draw about 2 million customers a year, with the bulk of those -- nearly 1.3 million -- coming from the Youngstown, Ohio, and New Castle areas, and 600,000 coming from Cleveland and the rest of northeast Ohio.

A traffic-impact assessment included in the application suggested the casino and racetrack will result in heavier-than-usual traffic on Fridays and Saturdays, necessitating roadway improvements and new turning lanes on Route 422.

The application also included an ownership breakdown of Endeka Entertainment -- most of the partnership is made up of Philadelphia investors Manuel Stamatakis, Peter DePaul, Edward Snider and Thomas Leonard. But 10 percent of Endeka is owned by American Harness Tracks LLC, the Pittsburgh-based company that bought the Valley View Downs assets at a bankruptcy auction, then sold most of those assets to Endeka last autumn.

Investors in American Harness include Charles Long, Edward Long, Charles Nannicola, Frank Nannicola and Armand Nannicola (of Nannicola Bingo, an Ohio seller of bingo and raffle supplies), James Carna, Christine Biros, A. William Price and Steven Lewis.

Penn National, the nation's largest racetrack gaming operator, would be a minority partner in the renamed Lawrence Downs operation (formerly Valley View Downs), and would have two casinos within a few miles of each other once Lawrence Downs and the Penn National property near Youngstown, Ohio, are both completed.



http://www.post-gazette.com/stories/business/news/application-for-lawrence-downs-lays-out-job-traffic-cost-expectations-699531/#ixzz2cA0ur9cb

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NewsReport
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« Reply #201 on: August 16, 2013, 05:08:59 PM »

Sorry Virgil, I posted on a different thread under a thread called "RACE TRACK"

Nancy Lowry, who has been covering the proposed track for 10 years, has a story for tomorrow's edition of the New Castle News.
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Virgil
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« Reply #202 on: August 16, 2013, 05:20:12 PM »

No problem.

People can also read Nancy's article tomorrow in the New Castle News.

http://www.ncnewsonline.com
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SJR
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« Reply #203 on: August 16, 2013, 06:04:39 PM »

Good grief it has been ten years since this started, another five to get it up and running.  All I have to say and have been saying all along  " I will believe it when I see it".  Hell I will be too old to even go gamble when and if it is completed.

I don't know why I feel so negative about this whole race track thing, but it truly is hard to believe it will happen.  Have a become to "jaded" living in Lawrence County all my life Cheesy Cheesy :Smiley :SmileyHuh??
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Virgil
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« Reply #204 on: August 17, 2013, 07:43:08 AM »

Track plans made public; some information hidden

Plans and partnerships for Lawrence Downs Casino and Racetrack Resort have been made public.

The application — redacted in some places —was posted Thursday on the Pennsylvania Gaming Control Board website.

Review and approval of the plan — submitted May 31 by Endeka Entertainment and Penn National Gaming Inc., which will build and manage the facility — could take nine months to a year, gaming board officials have said.

The application spells out what Endeka Entertainment and its affiliates plan to do in developing a $160 million harness racetrack/casino complex in Mahoning Township.

The organization, a partnership of Philadelphia-based investors, was formed in spring 2012 to accept the assets of American Harness Tracks, which held the racing license. Endeka Entertainment was organized for the purpose of obtaining a harness racing license and slot machine license to operate a licensed facility in Pennsylvania.

The article continues: http://www.ncnewsonline.com/topstories/x31525246/Track-plans-made-public-some-information-hidden
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mindrev
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« Reply #205 on: August 17, 2013, 12:40:27 PM »

Let me make life a little easier to all our local and distant forum friends.


http://gamingcontrolboard.pa.gov/files/Cat_1_applicants/Endeka_Entertainment_LP/Endeka_Entertainment_LP_REDACTED.PDF
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SJR
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« Reply #206 on: August 17, 2013, 01:21:38 PM »

Virgil is there anyway that you or Kacie combine the two threads.....i?Huh??
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Virgil
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« Reply #207 on: September 25, 2013, 08:53:26 AM »

Petition filed to block Lawrence County track, casino


A racetrack casino near Erie wants the state Harness Racing Commission to revoke the license that has been conditionally awarded to an investment group hoping to build its own harness track and casino in Lawrence County.

Presque Isle Downs Inc. filed paperwork Monday asking the commission for permission to intervene in the ongoing licensing issue involving Endeka Entertainment, the Philadelphia investment group that now holds the rights to the long-delayed Lawrence Downs Casino and Racetrack, formerly known as Valley View Downs.

Penn National, the nation's largest racetrack gaming operator, would be a minority partner in the Lawrence Downs operation, if and when it is completed. Penn National also plans to build a racetrack near Youngstown, Ohio -- about 20 miles from New Castle, which is fueling Presque Isle Downs' concerns about regional revenue cannibalism.

Presque Isle Downs, in its petition, said the harness commission at minimum has an "obligation to hold a hearing to address the severe negative impacts" the Lawrence County casino could have on in-state competitors.

The two casinos would be about 90 miles apart.

The story continues: http://www.post-gazette.com/stories/business/news/petition-filed-to-block-lawrence-track-casino-704736/
« Last Edit: September 25, 2013, 09:01:00 AM by Virgil » Logged

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