Report confirms Ellis Park to be sold to New Mexico company

HENDERSON, Ky. (WEHT) - A new report has confirmed Ellis Park will be sold to a New Mexico company. The Pressbox reports that a source close to the situation says on June 18th the Kentucky Racing Commission may hear and consider the sale of Ellis Park and all of its affiliated property in Henderson to the Laguna Development Corporation, located near Albuquerque, NM.

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8 Hits

Report: Kentucky Could Make Millions By Taxing Betting Higher

Kentucky could be missing out on millions by not taxing betting uniformly. That's according to left-leaning Kentucky Center for Economic Policy. The group says if the state taxes new forms of racing betting at a higher rate, Kentucky's General Revenue Fund could see at least a $40 million boost in revenue.

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Ellis Park in negotiations to be sold again

Ellis Park is involved in negotiations to sell to a new owner. Sources confirm the storied track could have its second owner in two years. In July last year, Saratoga Casino and Hospitality Group bought Ellis Park from Ron Geary, the former owner of the Evansville Icemen. According to sources, Saratoga is now negotiating a sale with Laguna Development Corporation from Albuquerque.

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57 Hits

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