Watch and Bet Harness Racing at TwinSpires.com
harnessracing.com
The Horsenman and Fair World
  • News Archive
  • Racing Reports
    • Sire's Progeny
    • Dam's Progeny
    • Single Horse
    • Leading Sires
    • Racing Recap
  • Sale Reports
    • Sire's Progeny
    • Dam's Progeny
    • Single Horse
    • Leading Sires
    • Sales Results
    • Sales Info
  • Calendars
    • Stakes Schedule
    • Sales Schedule
  • Entries/Results
    • USTA Entries
    • USTA Results
    • SC Entries
    • SC Results
  • Programs
    • TrackMaster® PPs
  • Guide Directory
  • Magazine Info
    • Issue Highlights
    • New Subscriptions
    • Renewals
    • Address Change
    • Advertising Rates
    • Send A Letter
« »
    1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28          
View all for this month

Click here for RSS

Rosecroft deal off?

 Return Home
February 15, 2005 Send To A Friend  | Print View

The closing of the sale of Rosecroft Raceway to Rosecroft Holdings LLC, the company controlled by members of Peter Angelos' family, was abruptly cancelled Tuesday (Feb. 15) due to Angelos' concern over the events taking place at the state capital regarding legalizing slot machines.



Cloverleaf Enterprises Inc., the current owners of Rosecroft Raceway, along with Cloverleaf Standardbred Owners Association, were present to complete the closing at 10 a.m. this morning and were informed of the development.



"The sale of the racetrack was never contingent on what may or may not occur in Annapolis" said Thomas Chuckas Jr., CEO of Rosecroft. "The Angelos' family committed to an absolute closing date of Feb. 15th, based upon the Maryland Racing Commission's approval. We are disappointed with these developments but will continue to move forward with both live racing and simulcasting and to move Rosecroft into the future, starting tomorrow, Feb. 16th, when we reopen for business. CEI will be reviewing their options as appropriate."

« Back

 Bookmark and Share
Home :: News Archive :: Racing Reports :: Sale Reports :: Calendars :: Guide Directory :: Contact The Staff
Advertising Rates & Information For: Horseman And Fair World Magazine :: HarnessRacing.com :: Harness Racing Weekend Preview
Website Design by eLink Design, Inc. A Lexington Web Design Company :: Hosted by Intelliwire, LLC, An Offsite Backup Company
Site contents may not be reproduced without the expressed written consent of the publisher.
© 2012 Horseman Publishing Co., Lexington KY, All Rights Reserved