Vernon Downs Casino & Hotel News - Page 2

The New York State Racing and Wagering Board has granted a temporary conditional track license to Nevada Gold - Vernon Downs, Inc. on behalf of Vernon Downs Racetrack.

News Brief: Vernon Downs may get permission today to start racing for the first time since 2004.

News Brief: Newly renovated complex will have 900 machines, hotel, and restaurants.

News Brief: Vernon Downs is opening an employment center today in anticipation of opening for a summer of racing.

Vestin Mortgage, Inc., the manager of Vestin Realty Mortgage I, Inc. and Vestin Realty Mortgage II, Inc. today announced that the bankruptcy plan of Mid-State Raceway, Inc. for Vernon Downs became effective on May 1, 2006.

Nevada Gold & Casinos reports that reorganization plan proposed by the debtors of Mid-State Raceway, Inc. and Mid-State Development Corporation and Vernon Downs Acquisition was confirmed by the United States Bankruptcy Court.

News Brief: Jacob Entertainment, a national gaming company, that runs three casinos and a horse track is interested in buying bankrupt racing track Vernon Downs.

Two rival interests competing for control of Vernon Downs agreed Monday to pay $75,000 each to keep the struggling track open for another week while a judge decides who gets to invest in the venue

A company that is proposing to buy the troubled Vernon Downs harness track for $38 million wants to restart live racing and operate video lottery terminals.

News Brief: Mid-State Raceway may be days from going broke, according to federal government officials.

News Brief: A Las Vegas investor denied a racing license in New York state has offered to loan $3 million to the struggling Vernon Downs harness track.

News Brief: Track officials at Vernon Downs and Raceway Ventures are still focused on one man to financially revive the track: Eric Spector.

News Brief: Mid-State Raceway says it will file for bankruptcy protection for its Vernon Downs harness track, which has been plagued by mounting debt and management turmoil.

A California harness racing track company may take over the financially troubled Vernon Downs.

News Brief: Vernon Downs is awaiting word from state regulators whether the track's majority owners can keep putting money into the financially troubled track.

News Brief: State officials who hoped a new racino at Vernon Downs would help close New York's budget gap may find themselves waiting yet again.

News Brief: The New York Racing & Wagering Board has approved racing licenses to Vernon Downs so the harness track can run races this year and become eligible to open a casino.

News Brief: Vernon Downs will be one of the first local businesses to take advantage of the county smoking waiver.

News Brief: The former chairman of the federal Securities and Exchange Commission has joined a lawsuit alleging fraud against the Las Vegas group that controls Vernon Downs.

Penn National Gaming entered into an agreement with Capital Seven, LLC to purchase all of the shares of Bangor Historic Track, Inc. and has secured an option to purchase the interests in Vernon Downs.