Nevada Gold pulls out of Vernon Downs, Tioga Downs racinos over gaming taxes.
In: Business Journal (Central New York), Jg. 21 (2007-04-27), Heft 17, S. 4-4
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Zugriff:
The article reports on the move of Nevada Gold & Casinos Inc. to sell its stake in the Tioga Downs Racetrack and Vernon Downs Racetrack to its partners due to the high gaming taxes in New York that limit the financial return of both facilities. The company will sell its 22.8% membership interest in the American Racing and Entertainment LLC-owned facilities to Southern Tier Acquisition II LLC and Oneida Entertainment LLC. Furthermore, the sale is still subject to approval.
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Nevada Gold pulls out of Vernon Downs, Tioga Downs racinos over gaming taxes.
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Zeitschrift: | Business Journal (Central New York), Jg. 21 (2007-04-27), Heft 17, S. 4-4 |
Veröffentlichung: | 2007 |
Medientyp: | serialPeriodical |
ISSN: | 0894-5675 (print) |
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