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Fair Grounds racing season is in peril after owner says it plans to pull out of Louisiana
Posted on 6/10/25 at 5:19 pm
Posted on 6/10/25 at 5:19 pm
LINK
quote:
The upcoming horse racing season in New Orleans is in peril after the owner of the Fair Grounds Race Course & Slots said it plans to give up its racing and gaming licenses following a failed effort to get state legislators to agree to a subsidy to replace lost revenue from slots.
William Carstanjen, the chief executive of Churchill Downs Inc., which has owned the historic track for the last two decades, told the Louisiana State Racing Commission and state legislators in a letter dated June 9 that the company plans to relinquish its license to operate the track and its other 13 off-track betting operations at the oversight board's next meeting.
The racing commission's executive director, Stephen Landry, said Tuesday that he's seen the letter but the commissioners haven't yet set a date for the meeting. He said they expect it will be held sometime within the next 30 days. He declined to comment further.
9
Posted on 6/10/25 at 5:22 pm to Major Dutch Schaefer
you might hate Churchill Downs but you’ll hate a vacant fair grounds even more than that
Posted on 6/10/25 at 5:29 pm to Major Dutch Schaefer
Why are we subsidizing gambling?
Posted on 6/10/25 at 5:38 pm to Major Dutch Schaefer
quote:
following a failed effort to get state legislators to agree to a subsidy to replace lost revenue from slots.
Must have not promised them a cut.
Posted on 6/10/25 at 6:25 pm to Cosmo
quote:
Why are we subsidizing gambling?
Yeah no shite. We give them a license to print money with the casino and horse racing and they need more? Better open the books and show us where you are spending your profit. IMO any business that gets licensing like a casino should be an open book. Any of us should be able to go to a website and see where the money they are making and spending is going.
Posted on 6/10/25 at 7:13 pm to Major Dutch Schaefer
CDI are shite heads, think of the tracks they have personally killed.
just to name a few,
Arlington
Calder
Hollywood
Fairgrounds??
just to name a few,
Arlington
Calder
Hollywood
Fairgrounds??
Posted on 6/10/25 at 7:48 pm to cgrand
quote:
you might hate Churchill Downs but you’ll hate a vacant fair grounds even more than that
Not me. If we get rid of Churchill it will be worth it to sit vacant for a year
Posted on 6/10/25 at 7:48 pm to Major Dutch Schaefer
I still think they bluffing..
Posted on 6/10/25 at 7:51 pm to WaterLink
quote:
following a failed effort to get state legislators to agree to a subsidy to replace lost revenue from slots.
There is no lost money from slots. They are bitching about the lost money from the HHR machines which were just put in place.
They had no problem 3-4 years ago when we didn't have HHR machines and they were turning a profit. But now in 2025 they have a problem
Posted on 6/10/25 at 8:24 pm to Double Oh
I’m a huge fan of horse racing but it’s unfortunately a dying sport.
Gulfstream will be gone soon and likely Santa Anita.
Gulfstream will be gone soon and likely Santa Anita.
Posted on 6/10/25 at 8:53 pm to Hayekian serf
quote:
I’m a huge fan of horse racing but it’s unfortunately a dying sport.
It's not even close to dying
Posted on 6/10/25 at 9:12 pm to Double Oh
Agree! Clean house in the racing office, starting at the top. Been hearing Mr Bernhard may be a potential buyer.
Posted on 6/10/25 at 9:16 pm to cgrand
quote:
you might hate Churchill Downs but you’ll hate a vacant fair grounds even more than that
Nah
Shut it down
No way should the state subsidize that awful place
Posted on 6/10/25 at 9:22 pm to Major Dutch Schaefer
quote:
failed effort to get state legislators to agree to a subsidy to replace lost revenue from slots.
Get fricked then lol
Posted on 6/10/25 at 9:35 pm to Major Dutch Schaefer
Make it festival grounds/music venue … I am sure neighbors would love it
This post was edited on 6/10/25 at 9:35 pm
Posted on 6/10/25 at 9:43 pm to Major Dutch Schaefer
quote:
The upcoming horse racing season in New Orleans is in peril after the owner of the Fair Grounds Race Course & Slots said it plans to give up its racing and gaming licenses following a failed effort to get state legislators to agree to a subsidy to replace lost revenue from slots.
That's got to be one of the most pathetic demands I've ever seen from a company.
Posted on 6/10/25 at 9:45 pm to ChestRockwell
quote:
Been hearing Mr Bernhard may be a potential buyer.
Bernhard?
Posted on 6/10/25 at 9:50 pm to Dr RC
quote:
That's got to be one of the most pathetic demands I've ever seen from a company.
Yep agree
Posted on 6/10/25 at 9:58 pm to Double Oh
Jim Bernhsrd from Shaw that bought Pin Oak from Mrs Abrocrombie.
Posted on 6/10/25 at 10:10 pm to cgrand
quote:lol
you might hate Churchill Downs but you’ll hate a vacant fair grounds even more than that
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