More racetrack info

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Old 05-09-2008, 07:23 AM
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From Thursday Orlando Slantenal. It's primarily about a different track but touches on the one here.

http://www.orlandosentinel.com/commu...,7477148.story

Quarter-horse racing bets on DeBary location
Quarter-horse races and poker may be a hard sell, official says

Rachael Jackson
Sentinel Staff Writer

May 8, 2008

A quarter-horse racetrack proposed for DeBary would have an upscale hotel, a restaurant row and even space for a farmers market, developers said at a city workshop on Wednesday night.

It would also have a "card club" with 25 tables for poker -- something that council members have said could be a hard sell in DeBary.

Rumors about the track had swirled for more than a month, after developers submitted an application to the state. But before Wednesday, city leaders had been in the dark about what exactly they had in mind for 67 acres in the community off Interstate 4 in Volusia County.

City Council members said little after the presentation that painted the project, DeBary Downs, as a country-fair-style destination with an environmentally friendly design. Developers haven't yet applied for zoning changes they'll need for the project. They're also still waiting for the state to permit a new betting facility.

Mayor George Coleman said the presentation was different than he expected and said he would take a look once he receives a formal proposal, but Council member Lenny Marks said the project was unlikely to get the community's support. He said he had received more than 150 calls and e-mails, most of which opposed bringing gambling to the town.

"I just want to say that you opened up a hornet's nest," he said.

Michael Goldstein, the 25-year-old Fort Lauderdale man who submitted the application, said he and his team were simply planning to "wow" the council and community to win approval for the project.

While thoroughbred horses race in the state, there hasn't been a quarter-horse race in Florida since the early 1990s. In the past year eight tracks for the sprinter horses have been proposed in the state, including in Ocala, Melbourne and Sumter County.

Observers say that's because state law changed last year to allow betting facilities to operate card rooms year-round, not just on race days.

Since permitting rules for quarter-horse racetracks are unusual -- they don't need to be 50 miles apart like other betting facilities -- the racetracks became very appealing.

Goldstein is related to Bernard Goldstein, chairman of Isle of Capri Casinos, which runs Pompano Park in South Florida, where horses also race.

A page of financial information in his application lists startup costs of $8.7 million and projects $8.2 million in revenue, most of which would come from 25 poker tables, in the first year of operation.

The state Department of Business and Professional Regulation, which issues permits for betting facilities, sent Goldstein a letter pointing out various deficiencies in the application, including failing to show how the project would be financed or that the land was available for use. On Wednesday, a Goldstein consultant said they were nearly finished filling in those gaps.

Goldstein has submitted two applications for quarter-horse racetracks. The second would be about 10 minutes from The Villages in Sumter County.

Rachael Jackson can be reached at 386-851-7923 or rjackson@orlandosentinel.com.

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Old 05-27-2011, 08:52 AM
gego3650 gego3650 is offline
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count me and my friends in. Golf is good but some of us hve replaced joints and poker would be a nice option. We are mature people and know how to manage our money and quit if its a bad day.
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Old 05-27-2011, 10:36 AM
ohiogolf ohiogolf is offline
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Count me in too. I would love to be able to easily visit a race track and OTB every now and then.
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Old 05-27-2011, 01:33 PM
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This is an OLDER thread. The original poster, Muncle, is no longer with us.
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Old 05-27-2011, 03:51 PM
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Just asking?

Was surprised to see Muncle's name pop-up. Wasn't his/her title to be changed to "eternal" to denote his/her passing?
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