Arizona Downs Announces Partnership With Colonial Downs Operator

Arizona Downs announced a new partnership with Peninsula Pacific Entertainment (P2E) for the 2021 summer racing meet. P2E has an extensive track record of supporting horse racing in Virginia and Louisiana, and will consult with Arizona Downs regarding the management of the live racing and simulcast operations during the racing season.

“Arizona horse racing has faced numerous challenges in recent years and the COVID-19 pandemic placed additional strain on the industry,” said Tom Auther, managing member of JACOR, the owner of Arizona Downs. “We are pleased to partner with P2E who has the knowledge and expertise to help revitalize Arizona horse racing.”

P2E is the owner and operator of the Colonial Downs Group, consisting of the Colonial Downs Racetrack and five Rosie's Gaming Emporiums throughout Virginia powered by historic horse racing technology.

Arizona Downs and the Arizona Horseman's Benevolent and Protective Association (AZHBPA) have reached agreement on a live racing contract and the terms of the 2021 race meet. The 2021 racing program offers the most attractive race meet in Arizona Downs history. The meet consists of 32 race days at a daily average of $70,000 per day beginning June 1 through Sept. 15.  Live racing occurs Tuesdays and Wednesdays with the first race post scheduled for 2:30PM (MST)/ 4:30PM (EST).

“P2E developed a proven formula in Virginia that resurrected the horse racing in the state after a six-year hiatus,” said Bob Hutton, President of the AZHBPA. “Our association did our due-diligence and received high praise from our colleagues in Virginia about P2E. We are looking forward to the summer meet.”

P2E is a trailblazer in the gaming, racing and entertainment industry with multiple gaming and entertainment destinations across the county and more developments planned in the near future.  The company focuses on introducing a modern approach to horse racing and implementing these successful concepts across the country.

“The cornerstone of our success is based on service, quality, community and the people who make it work,” said Aaron Gomes, COO of P2E.  “We apply this to all we do, and we are pleased to share with Arizona Downs and Arizona horsemen guidance that has made our Virginia operations successful.”

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Construction To Resume At Turfway Park; Churchill Hotel Plans Remain On Hold

During Thursday's conference call with investors, Churchill Downs, Inc. CEO Bill Carstanjen revealed that construction of a new grandstand and Historical Horse Racing venue will resume at Turfway Park in Florence, Ky., reports bloodhorse.com.

Construction had been halted due to uncertainty over the future of Historical Horse Racing in the state of Kentucky, but on Feb. 22 Gov. Andy Beshear signed legislation that specifically includes HHR under the state's definition of pari-mutuel wagering.

“We anticipate spending approximately $145 million in project capital to finish building this premier facility,” Carstanjen said of Turfway. “And that will deliver approximately 800 construction jobs and 400 full-time permanent jobs in the Northern Kentucky area, as well as revitalize the Kentucky winter Thoroughbred racing circuit.”

However, construction on a hotel on the Churchill Downs property in Louisville, Ky. remains on hold as the company reviews revised plans for the project.

Read more at bloodhorse.com.

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KY Governor Signs HHR Legislation

Kentucky Governor Andy Beshear signed a bill on Historical Horse Racing (Senate Bill 120) Monday, which would assure that betting on historical machines is legal.

The Kentucky Equine Education Project (KEEP), Kentucky's equine economic advocate, released the following statement in response:

“We thank Governor Beshear for signing Senate Bill 120 into law, which ensures the future of our equine industry while protecting thousands of local jobs. Kentuckians and the legislators who represent them have made clear that they support historical horse racing and the many benefits it brings to our communities. We are optimistic about the horse industry's road ahead and remain committed to keeping Kentucky a world-class racing destination for many years to come.”

The post KY Governor Signs HHR Legislation appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

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Kentucky Governor Signs Historical Horse Racing Bill Into Law

The Kentucky Equine Education Project (KEEP), Kentucky's equine economic advocate, released the following statement today regarding Governor Beshear's signing of Senate Bill 120:

“We thank Governor Beshear for signing Senate Bill 120 into law, which ensures the future of our equine industry while protecting thousands of local jobs. Kentuckians and the legislators who represent them have made clear that they support historical horse racing and the many benefits it brings to our communities. We are optimistic about the horse industry's road ahead and remain committed to keeping Kentucky a world-class racing destination for many years to come.”

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