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Who controls Vernon?

June 07, 2004
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According to a report in the Syracuse Post-Standard on Saturday (June 5), Shawn Scott still has strong ties to Vernon Downs despite selling the majority of his shares in the track. The Post-Standard said Scott retained the right to appoint the track's board of directors when he sold majority interest in the track.



The Post-Standard story pointed out that Vernon Downs was allowed to open this season only because Scott agreed to bring in an independent manager. The track hired Dennis Dowd, who at one time ran Freehold Raceway, but Dowd is scheduled to leave Vernon on June 12.



The New York State Racing and Wagering Board said it is still reviewing the sale of the track and Scott's possible continued involvement.



Meanwhile, on June 3 it was reported that two of the three Florida-based investors who bought a controlling interest in the track from Scott have been denied state licenses. Those two men are Patrick Danan, a Florida architect and developer, and Frank Leo, a New Jersey businessman.
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