It won't make financial sense to keep coming if they drop much lower than that." I agree that dropping stakes races to keep the daily purse up is the way to go. "But the current goal is to break even, so we've lost some stakes races and are facing another drop in purses. "I feel good that Global Gaming has the money that can allow Lone Star to survive until we have legislative change as far as slots," said Grand Prairie native Bret Calhoun, the leading trainer in the past two Lone Star spring meets. Magna deemed Lone Star Park as one of the properties it intended to sell. Just a month before the 2009 startup, Lone Star Park parent company Magna Entertainment Corp. Now, we need to carry that momentum over to live racing."įor the last three opening days of the spring meet, Lone Star Park has been a little bit like the puppy in the animal shelter eagerly awaiting someone to give it a home. In the first quarter, we were up 4 percent in handle and 17 percent in attendance. "The improvements to the Bar & Book have already made a difference. Hail, Lone Star Park's vice president and assistant general manager, "and I've seen us go into a season with this type of momentum only once, in 2004 when we hosted the Breeders' Cup. "I've been here since it all began 16 years ago," said G.W. A five-month, $3 million renovation of Lone Star's race book, formerly the Post Time Pavilion and now called Bar & Book, was completed in December. When the keys were handed over last May, it wasn't long before Global Gaming dollars went to work. Its price tag for Lone Star Park: $47.85 million.
GGS, with gaming revenue and tribal assets exceeding $1 billion, was established to leverage the Chickasaw Nation's regional entertainment, gaming and operating expertise into the commercial markets in the United States and internationally. They've made a big difference there and hopefully it will be the same at Lone Star."īerry, who is in the chase for leading rider at Oaklawn Park in Hot Springs, Ark., said he hopes new ownership can reverse the decline in purses and quality of horses he has witnessed at Lone Star. "It's the same group that has done so much at Remington Park, where I ride in Oklahoma in the fall. "As far as the new ownership, our hopes are high," said jockey Cliff Berry, who won his fourth Lone Star riding title last year and will return this spring to defend.
LOANSTAR PARK FREE
What it means for North Texas horse racing fans is Lone Star Park, which turns 16 this year and has been on a downward financial spiral since hosting the 2004 Breeders' Cup, finally is in the hands of a company with deep pockets and a willingness to free up funds for improvements.
LOANSTAR PARK LICENSE
The 53-date, 13-week spring meeting that commences Thursday will be the track's first opening day for thoroughbreds since Global Gaming Solutions LLC took ownership of the license to operate Lone Star Park. GRAND PRAIRIE, Texas - The feel of a fresh start that comes with every Lone Star Park spring meet is enhanced this year.
LOANSTAR PARK UPGRADE
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