Published:
December 14, 2010 11:54 am EST
On Monday, December 13, a federal bankruptcy court in the State of Delaware approved the $5.6 million bid put forth by American Harness Tracks LLC which would see it acquire the final harness racing license for the
State of Pennsylvania.
The license is held by the now-bankrupt Centaur Gaming, which is now liquidating its assets.
A report by the Beaver County Times explains that American Harness Tracks LLC now has until the end of 2010 to formally apply for the harness-racing license; and if the state harness racing commission approves the application, the company could then apply for a casino license.
(With files from the Beaver County Times)
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