{"id":32631,"date":"2018-09-07T02:25:07","date_gmt":"2018-09-07T06:25:07","guid":{"rendered":"https:\/\/www.saratoga.com\/saratogabusinessjournal\/?p=32631"},"modified":"2018-09-07T12:51:06","modified_gmt":"2018-09-07T16:51:06","slug":"saratoga-casino-and-hospitality-group-now-officially-owns-race-track-in-kentucky","status":"publish","type":"post","link":"https:\/\/www.saratoga.com\/saratogabusinessjournal\/2018\/09\/saratoga-casino-and-hospitality-group-now-officially-owns-race-track-in-kentucky\/","title":{"rendered":"Saratoga Casino And Hospitality Group Now Officially Owns Race Track In Kentucky"},"content":{"rendered":"<figure id=\"attachment_32632\" aria-describedby=\"caption-attachment-32632\" style=\"width: 900px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-32632\" src=\"https:\/\/www.saratoga.com\/saratogabusinessjournal\/wp-content\/uploads\/sites\/48\/2018\/09\/casino-buys-racetrack-hc.jpg\" alt=\"\" width=\"900\" height=\"666\" srcset=\"https:\/\/www.saratoga.com\/saratogabusinessjournal\/wp-content\/uploads\/sites\/48\/2018\/09\/casino-buys-racetrack-hc.jpg 900w, https:\/\/www.saratoga.com\/saratogabusinessjournal\/wp-content\/uploads\/sites\/48\/2018\/09\/casino-buys-racetrack-hc-300x222.jpg 300w, https:\/\/www.saratoga.com\/saratogabusinessjournal\/wp-content\/uploads\/sites\/48\/2018\/09\/casino-buys-racetrack-hc-768x568.jpg 768w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><figcaption id=\"caption-attachment-32632\" class=\"wp-caption-text\">Saratoga Casino and Hospitality Group as taken over full ownership of Ellis Park, a thoroughbred track and instant racing machine parlor in Henderson, Ky.<br \/>Courtesy Ellis Park<\/figcaption><\/figure>\n<p>Saratoga Casino and Hospitality Group has taken over full ownership of Ellis Park, a thoroughbred track and instant racing machine parlor in Henderson, Ky.<\/p>\n<p><span class=\"Apple-converted-space\">\u00a0<\/span>The sales transaction of Ellis Park to Saratoga Casino &amp; Hospitality Group was complete and the group became the official new owners of the property on July 30, casino officials said.<\/p>\n<p>\u201cWe\u2019re very excited to own such an historic property,\u201d said Daniel Gerrity, president of Saratoga Casino &amp; Hospitality Group. \u201cWe look forward to learning even more about the Henderson and Evansville (Ky.) communities, and we\u2019re eager to work toward our goal of delivering an experience that goes above and beyond guest expectations.\u201d<\/p>\n<p><!--more--><\/p>\n<p>He said Saratoga Casino &amp; Hospitality Group sent a group of executives to Henderson to evaluate potential areas to improve upon, and to develop a plan to enhance the overall guest experience.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>Saratoga Casino &amp; Hospitality Group said here are no plans to make any changes to the current management team at Ellis Park.<\/p>\n<p>\u201cOur team at Ellis Park looks forward to working with Saratoga Casino &amp; Hospitality Group,\u201d said Jeff Hall, general manager at Ellis Park. \u201cWe\u2019re excited to improve on the great strides we\u2019ve made as a racing and entertainment destination.\u201d<\/p>\n<p>Saratoga Casino &amp; Hospitality Group is a subsidiary of Saratoga Harness Racing Inc., which oversees the daily operations of Saratoga Casino Hotel and Saratoga Casino Blackhawk in Black Hawk, Colo. In 2012, it purchased a 30 percent minority stake in Ellis Park.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>Officials said the partnership allowed Ellis Park to invest in Instant Racing Machines that supplemented their thoroughbred racing product.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>The most recent transaction transferred the remaining 70 percent ownership stake to Saratoga Casino &amp; Hospitality Group.<\/p>\n<p>Ellis Park is home to a historic thoroughbred track, a simulcast racing mezzanine and the instant racing machines.<\/p>\n<p>The Ellis Park Race Course, originally Dade Park, was built in 1922 by the Green River Jockey Club. The track has survived barn fires, damages from the flooding of the Ohio River in 1937 and tornado damage in 2005, but has continued on.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saratoga Casino and Hospitality Group has taken over full ownership of Ellis Park, a thoroughbred track and instant racing machine parlor in Henderson, Ky. \u00a0The sales transaction of Ellis Park to Saratoga Casino &amp; Hospitality Group was complete and the group became the official new owners of the property on July 30, casino officials said. [&hellip;]<\/p>\n","protected":false},"author":196,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-32631","post","type-post","status-publish","format-standard","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>Saratoga Casino And Hospitality Group Now Officially Owns Race Track In Kentucky - Saratoga Business Journal<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.saratoga.com\/saratogabusinessjournal\/2018\/09\/saratoga-casino-and-hospitality-group-now-officially-owns-race-track-in-kentucky\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Saratoga Casino And Hospitality Group Now Officially Owns Race Track In Kentucky - Saratoga Business Journal\" \/>\r\n<meta property=\"og:description\" content=\"Saratoga Casino and Hospitality Group has taken over full ownership of Ellis Park, a thoroughbred track and instant racing machine parlor in Henderson, Ky. \u00a0The sales transaction of Ellis Park to Saratoga Casino &amp; Hospitality Group was complete and the group became the official new owners of the property on July 30, casino officials said. 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