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Penn National moves closer to finish line

May 31, 2012
By J.T. Whitehouse , Town Crier

The Ohio Senate has approved House Bill 386 regarding an overhaul of casinos and gambling in Ohio. For Penn National, who is looking to relocate a thoroughbred race track to Austintown, it was one of three key moves needed to be able to break ground.

"Passage of House Bill 386 by both the House and the Senate yesterday is a significant step forward," said Bob Tenebaum, spokesman for Penn National, "but there are still a couple of issues that must be resolved before we can begin actual development of the Austintown property. The Racing Commission still has to adopt formal rules and procedures for us to apply for permission to relocate Beulah Park to Austintown, and the lawsuit filed by the Ohio Roundtable challenging the constitutionality of the VLT proposal has not yet been decided. Obviously, we can't seek local approval for our plans or break ground until we have permission to relocate the track."

He said Penn National still remains "totally committed to the project, but until the results of the remaining two hurdles are overcome, the racetrack remains in a holding pattern."

Tenebaum did say Penn National officials are happy over the recent legislative act.

"We're grateful to the House and the Senate for their hard work in reaching agreement on the key provisions of H.B. 386," Tenebaum, said.



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