Friday, March 23, 2012

RETAMA NEAR DEAL WITH GAMING COMPANY TO KEEP TRACK OPEN FOR 6 YEARS

RETAMA NEAR DEAL WITH GAMING COMPANY TO KEEP TRACK OPEN FOR 6 YEARS:


AUSTIN, (Texas Thoroughbred Association) – Today’s San Antonio Express News, in an article written by Patrick Danner, reported that Retama Park officials are close to completing a deal with an as yet unnamed publicly traded gaming company to fund the Selma track’s losses for the next six years and repay millions in track debt.
Danner reported “the deal would give Retama a much-needed lifeline and allow track officials at least three more opportunities to persuade state lawmakers to let voters decide whether to permit slot machines and possibly other casino games at Texas racetracks.”

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