Vernon to re-open as tracks receive $90 million
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Jeff Gural, principal owner of Vernon Downs, announced Wednesday that with the passage in the
\"This is wonderful news for Vernon Downs employees and guests,\" said Gural in a press release issued by the track. Gural added he plans on compensating all of Vernon Downs’ employees for their days of lost wages.
“Now we will put this behind us and move forward with plans for expansion at the property and look forward to (live) racing beginning in April,\" added Gural.
The total package will reportedly bring a total of $90 million in tax relief to the state’s harness racetracks that also have video lottery terminal parlors. A previous bill that would have provided approximately $60 million was turned down by an Assembly Committee just prior to the closing of Vernon.
“The comprehensive legislative approach contained in this bill, which was long advocated by horsemen, breeders and the agriculture industry across the state, includes key components such as mandated percentages for horsemen and breeders and minimum racing days at racinos,” said Standardbred Owners Association of New York president Joe Faraldo in a press release. “This will ensure that