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Company Seeks Approval For Moving Ohio Racetracks

The Associated Press

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(Photo by Alan Crowhurst/Getty Images)

(Photo by Alan Crowhurst/Getty Images)

YOUNGSTOWN (AP) — A company has formally asked Ohio officials for permission to relocate its two horse racing tracks and add slots-like gambling to the facilities.

Penn National Gaming Inc. plans to move Beulah Park’s thoroughbred racing from suburban Columbus to just outside Youngstown, where it will build a new track near the Ohio Turnpike. It also wants to close Raceway Park in Toledo and relocate to a new track in Dayton on the site of a shuttered auto plant.

The company filed its state paperwork on Saturday. If given approval, the Wyomissing, Pa.-based company hopes to break ground this fall on the tracks and open them in early 2014.

Ohio stands to pocket nearly $150 million from the tracks’ relocation, as part of a memorandum of understanding with Gov. John Kasich.

(© Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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