Winning Bid For Last PA License Announced

Published: October 22, 2010 03:01 pm EDT

According to reports, the winner of the auction for the State of Pennsylvania's final harness racing license has

been announced.

An article by the Pittsburgh Post-Gazette states that Centaur Inc. announced this afternoon that American Harness Tracks, LLC was the winning bidder, as it bid $5.6 million for the project.

An article by the Beaver County Times cites Centaur as saying that the offer is an "as-is, where-is" bid, which means the company is committed to building the proposed Valley View Downs racetrack/casino complex in Mahoning Township, PA. The bid is subject to approval by bankruptcy court in Delaware, and the state Harness Racing Commission.

(With files from the Beaver County Times and the Pittsburgh Post-Gazette)

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