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The Ogden Corporation bought the track in 1969, and were the ones who introduced greyhound racing. [7] [8] In 1988, Ogden sold Wheeling Downs to Delaware North, [9] a global food service and hospitality company headquartered in Buffalo, New York. From 1994 to 2001, Delaware North co-owned Wheeling Downs with Wheeling-Pittsburgh Steel. [10] [11]
Greyhounds racing at Wheeling Island Hotel-Casino-Racetrack in October 2022. Live greyhounds in the background and statues in the foreground. As of 2024, there are only two active greyhound racetracks in the United States, [14] both located in the state of West Virginia and owned by hospitality conglomerate Delaware North. [15]
Greyhounds rounding a turn on a track. Commercial greyhound racing is characterized by several criteria (varying depending on country) and can include legalized gambling, the existence of a regulatory structure, the physical presence of racetracks, whether the host state or subdivision shares in any gambling proceeds, fees charged by host locations, the use of professional racing kennels, the ...
Greyhounds racing at Mardi Gras Casino in Nitro, West Virginia in December 2023. Mardi Gras Casino and Resort is a casino and greyhound racing venue located in the city of Nitro, West Virginia. It is located just off the Cross Lanes exit of I-64, 14 miles west of Charleston, West Virginia and 36 miles east of Huntington, West Virginia.
Turnout, though declining, was boosted by the closing of the second nearest dog track: Tampa Bay Greyhound Track. However, Florida Amendment 13 passed by the voters of that state in 2018, meant the end of greyhound racing in the state. After 95 years, Derby Lane held its last card of races as a series of matinee races on December 27, 2020.
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Betting on horse and dog racing was legalized in 1934. [2] Suffolk Downs opened in 1935 and was the state's primary site for Thoroughbred racing until it held its last races in 2019. [3] The first dog tracks were Wonderland Greyhound Park and Taunton Dog Track, opened in 1935. [4] [5] They were joined in 1941 by Raynham Greyhound Park. [4]
This strong market position generates substantial cash flows that support shareholder returns. Turning to the specifics, the pharmaceutical giant offers investors a 4.3% dividend yield backed by a ...