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Harrah’s Philadelphia May Face Closure After Racetrack Suspended

Harrah’s Philadelphia May Face Closure After Racetrack Suspended

Harrah’s Casino in Philadelphia may be facing closure by Pennsylvania gaming regulators after its adjoining harness racetrack was closed by state authorities.

Last week the Pennsylvania Harness Racing Commission suspended activity at Harrah’s Philadelphia as it had failed to resolve problems with the track’s surface. This year’s racing season is due to begin on March 8th at the track.

Doug Harbach, the Pennsylvania Gaming Control Board spokesman said that the agency “will continue to monitor the matter closely.” Jan Jones, the Senior Vice President of Caesars Entertainment which operates Harrah’s has said the “issue will be resolved.”

Drives have complained about the track’s condition especially after a serious crash last November when a driver was thrown from his sulky and then trampled by another horse.

The harness racing commission has issued an order which says that Harrah’s 2014 racing schedule will be suspended until the track complies with its demand for information. State racing regulators have said that Harrah’s Philadelphia has failed to tell them how they plan to address problems with the track.

While Harrah’s licenses have not been suspended, the venue’s casino license is contingent on the complex offering harness racing.

OCA News Editor

Jenny McKinnley is OCA’s financial correspondent. After spending years on the trading floor in both NY and London, she offers insight from the inside out on world financial news and events.

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