In 2012, it spent $3 million to become minority owners of Ellis Park, a Kentucky thoroughbred track. The acquisition is Saratoga Harness Inc.’s second major investment in an out-of-state casino in the past two years. The deal took place about a year ago, but couldn’t be finalized until the Colorado Division of Gaming vetted each of Saratoga Harness Inc.’s nearly four dozen shareholders, most of whom live in the Capital Region. “Frankly, we think Saratoga itself is known worldwide for quality and that, too, will attract people,” said James Featherstonhaugh, a Saratoga Harness shareholder and the firm’s recording secretary. It is one of only three casinos in the entire Rocky Mountain State. Saratoga Harness Inc., which owns Saratoga Casino & Raceway, has completed its $28 million purchase of a small gaming center just went of Denver, with plans to name it Saratoga Casino-Black Hawk. SARATOGA SPRINGS - Local gaming investors are counting on Saratoga’s world-famous brand recognition to cash in on their newly acquired Colorado casino.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |