Harrah’s receives approval to buy racetrack near Cleveland
Harrah’s Entertainment received approval Wednesday from Ohio officials to purchase a horse racetrack in the suburbs of Cleveland.
The Ohio State Racing Commission approved the purchase of Thistledown, which the Las Vegas-based gaming giant recently purchased for $43 million at a bankruptcy auction.
The Ohio Supreme Court ruled last year that legislation approving video lottery licensing at the racetrack was subject to a referendum. The issue will go before state voters in November.
Nearly $147 million was bet at the racetrack last year, according to the Wall Street Journal.
Contact reporter Arnold M. Knightly at aknightly@reviewjournal.com or 702-477-3893.
