Presque Isle Downs

Presque Isle Downs
Presque Isle Downs in Pennsylvania
Presque Isle Downs (the US)
Location Summit Township, Pennsylvania
Address 8199 Perry Highway
Opening date February 28, 2007 (2007-02-28)
Total gaming space 48,074 sq ft (4,466.2 m2)
Signature attractions Thoroughbred racetrack
Notable restaurants LBV Steak & Pasta
The Brew Brother's
Backstretch Buffet
The INCafe
The HUB
Bar 90
Trackside Bar
Casino type Racino
Owner Eldorado Resorts
Coordinates 42°04′08″N 80°01′48″W / 42.069°N 80.030°W / 42.069; -80.030Coordinates: 42°04′08″N 80°01′48″W / 42.069°N 80.030°W / 42.069; -80.030
Website presqueisledowns.com

Presque Isle Downs is a casino and horse racing track near Erie, Pennsylvania, owned and operated by Eldorado Resorts.

History

The developer, MTR Gaming Group, broke ground in October 2005 for the new facility, which opened on February 28, 2007.

Simulcasting was transferred from its former upper Peach Street location and became operational in August 2007.[1]

In February 2018, Eldorado Resorts (the successor of MTR Gaming) agreed to sell the property to Churchill Downs Inc. for $178.9 million.[2]

Description

The casino contains 1,700 slot machines. The 1 mile (1.6 km) oval track opened on September 2, 2007. It is paved with the synthetic material Tapeta Footings (a mixture of sand, rubber, fiber with a wax coating[3]). It was the first synthetic horse racetrack longer than 1 mile (1.6 km) in the Northeast and the first racetrack paved with Tapeta in the United States.[3]

Some of the races at Presque Isle Downs include:

  • Presque Isle Downs Masters Stakes, Grade II [4]
  • Presque Isle Mile
  • Tom Ridge Stakes
  • Satin and Lace Stakes
  • Karl Boyes Memorial Stakes
  • The HPBA Stakes
  • Fitz Dixon, JR. Memorial Juvenile Stakes

Gaming revenue is split between the operator (45%) and the Commonwealth of Pennsylvania (55%), the latter of which will use the funds for property tax relief, economic development and tourism, and the horse racing industry.[1] Revenue from table games goes to the state's general fund and the local government. Presque Isle Downs & Casino now operates table games, along with 1,700 slot machines.

The property is located on 272 acres (110 ha) off Exit 27 on Interstate 90 in Summit Township.

See also

References

  1. 1 2 Guerriero, John (July 7, 2007). "Numbers Down a Bit, But Hopes Still High". Erie Times-News. pp. 1A, 7A.
  2. ↑ "Presque Isle Downs & Casino to be sold for $178.9 million". Erie Times-News. March 1, 2018. Retrieved 2018-04-23.
  3. 1 2 Guerriero, John (2007-09-01). "And...They're off". Erie Times-News. Retrieved 2007-09-03.
  4. ↑ Blood Horse: 2011 Graded Stakes: 13 Fewer Than '10
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