Jacobs Entertainment Interested in Vernon Downs
27 Apr 2005
NEW YORK – As reported by the Syracuse Post-Standard: "A national gaming company that runs three casinos and a horse track is interested in buying bankrupt racing track Vernon Downs.
"But Jacobs Entertainment of Colorado is itself deeply in debt.
"…Jacobs officials have said they want to buy Vernon Downs' parent company, Mid-State Ra its license was suspended in July. Mid-State has not filed a complete application to get the license reinstated for this year. Vernon Downs already has missed its traditional starting date in late April, and officials say now that racing might not resume until June…"