Reorganization

PA Commission Okays License Deal

On Tuesday, July 12, Pennsylvania's harness racing commission voted to approve American Harness Tracks as the new owners of the state's final harness racing license, which had previously been held by ...

Indianapolis Downs, LLC Declares Chapter 11

Indianapolis Downs, LLC, which operates the Indiana Live! casino and Indiana Downs, today announced it and a related entity have filed voluntary petitions in U.S. Bankruptcy Court for the District of ...

Pro-Racino Operator Bill Advances In Indiana

On Tuesday, April 5 in Indiana, a bill which would allow racino operators to own more than one such facility in the state cleared the Statehouse with multiple sponsors

MID Shareholders Approve Proposal

MI Developments Inc. today announced that its shareholders have approved the previously announced reorganization proposal to eliminate MID's dual class share structure (the 'Arrangement').

Rosecroft Purchase Finalized

February 28, 2011

On Monday, February 28, Penn National Gaming completed its transaction to purchase Rosecroft Raceway, thus completing the track’s Chapter 11 reorganization plan which called for the sale of substantia...

Severance To 550 NYCOTB Workers?

October 08, 2010

New York City OTB’s new president and CEO Greg Rayburn has taken his first big step in reorganization of the

Reorganization At WEG

The departure of two long-serving Woodbine Entertainment Group employees has landed some familiar faces in new roles within the organization