Future of Colonial Downs up in air
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Published reports out of
Despite the profitability of the off-track parlors, Colonial Downs has still lost money in each of the past four years. In January, Jacobs Entertainment, the parent company of Colonial Downs, announced the track and the 600 acres it sits on, and the off-track betting parlors, would be put up for sale.
A bill has been discussed the last two years that would allow video replays of races to be shown at Colonial Downs’ off-track parlors, machines that are currently in use at other tracks, including
The bill, which would allow for up to 10,000 of the racing machines to be installed at the parlors, is projected to bring in $330 million for the state’s transportation budget as well as provide Colonial Downs with an additional $283 million in revenue.
\"It would solidify Colonial Downs and it would propel