Source: Raiders Stadium Will Cost $200M Less Golden Knights' Practice Facility To Be Top-Flight St. Louis MLS Investors Hopeful Funding Vote Passes Georgia State Updates Turner Field Construction Rays' Ballpark Site Search Still Complicated Braves Will Help Fans With SunTrust Traffic Raiders' Vegas Stadium Financing Remains Complicated Sacramento, Kings To Refinance '97 Arena Loan Facility Notes Proposal Made To Lift Crandon Park Restrictions
SBD/April 14, 2011/Facilities
Suffolk Downs Reportedly Lines Up Caesars Entertainment To Manage Gambling Resort
Published April 14, 2011
DEADLINE LOOMING: In New Jersey, Brennan & Reitmeyer note Gov. Chris Christie yesterday “expressed some skepticism” that New York real estate investor Jeff Gural “would be able to meet Friday’s deadline to complete a deal to take over the Meadowlands Racetrack.” The deal “appears to be the only way for the 35-year-old track to keep running a live card beyond a handful of dates this summer.” Gural said the deadline is a “drop dead date.” Both he and Christie “agreed there was no point in extending efforts beyond this Friday.” Gural said that he and his partners “expect to lose about $10 million to $12 million until a new, smaller grandstand can open in early 2013” (Bergen RECORD, 4/14).