Casino news source: KOBTV - http://www.kobtv.com/
Commission hasn’t acted on license for new track and casino in Raton
Last Update: 01/18/2007 4:40:01 PM
By: Associated Press
ALBUQUERQUE (AP) - Two investors tried Thursday to get the State Racing Commission to take a serious look at approving the construction of a new race track and casino in Raton.
But commissioners say they won’t consider approving any new tracks until it sees the results of a state study on the impact Zia Park race track in Hobbs has had on that city’s economy.
Canadian developer Michael Moldenhauer and Eric Culver, a former owner of the now-closed La Mesa Park, told commissioners Thursday that the proposed $40 million track and casino would employ 300 people.
Culver’s group had applied for a license in September 2005, but the commission hasn’t put the proposal on its agenda for discussion. |
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