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Plainridge Park Casino is a harness racing track and slot machine parlor in Plainville, Massachusetts, owned and operated by Penn National Gaming. ==History== In 1997, Massachusetts's only harness racing track,〔 〕 Foxboro Park, was closed after a legal dispute between its owner, Robert Kraft, and its operator, Charles Sarkis.〔 〕 Two competing plans to resurrect the sport were soon brought before the Massachusetts Racing Commission, with Kraft seeking to reopen Foxboro under a new operator, while Gary Piontkowski, who had managed Foxboro under Sarkis, proposed to build a new track at a 90-acre site in Plainville.〔 〕 Kraft withdrew his application weeks later,〔 〕 however, leaving Piontkowski as harness racing's only hope in the state. The Racing Commission issued a conditional license for Piontkowski's proposed track in November 1997, with a targeted opening date of May 1998.〔 〕 Piontkowski would purchase the land for $4.5 million, and buy an existing 40,000-square-foot building to use as the grandstand.〔 〕 The project would be financed by an $11 million loan from Cornerstone Capital.〔 Piontkowski's application ran into trouble when the Commission found that Cornerstone had never actually committed to the loan, and that Piontkowski might have used a loan broker who had since been imprisoned for bank fraud.〔 〕 The project was nevertheless granted a two-month extension of its financing deadline, raising criticism that commissioners were being too lenient with Piontkowski, who had previously served as the Racing Commission's chairman.〔 〕 By April 1998, the commission approved a new financing plan, with ownership of the track to be shared by nine investors, with Piontkowski holding a 15 percent share.〔 〕 In May 1998, a neighboring landowner filed a lawsuit seeking to nullify the track's building permit,〔 〕 prompting Piontkowski to suspend construction and push back the track's debut to the next season.〔 〕 The lawsuit was later settled out of court.〔 〕 A new application was filed in October 1998,〔 〕 under which the purchase of the land and construction of the track would be financed by real estate developer Lou Giuliano, who would lease the track to Piontkowski's company for $1 million per year.〔 〕 The Racing Commission approved the license in November.〔 〕 The track opened for simulcast wagering on March 17, 1999,〔 〕 and held its first day of live racing a month later on April 19.〔 〕 Plainridge faced criticism from the beginning, with industry observers and Racing Commission chair Robert Hutchinson arguing that the track's live racing schedule was nothing but an excuse to justify a lucrative off-track betting operation and a potential racino; a large room in the grandstand was set aside for the installation of as many as 400 slot machines.〔 〕 Around July 1999, a rift grew between Piontkowski and Giuliano over management of the track.〔 〕 Giuliano then applied for a license to operate the track himself in 2000, claiming that Piontkowski's lease was valid only until December 31, 1999.〔 The commission found that Giuliano did not actually own the land, but only held an option to buy it from a Boston investment company, Realty Financial Partners (RFP), which had financed the purchase.〔 〕 Piontkowski's company was approved to retain the license, subject to the condition that it obtain financing the buy the track from RFP.〔 After Giuliano failed to exercise his option to buy the track, RFP claimed control and served an eviction notice on Piontkowski. A deal was soon reached for Piontkowski's group to buy Plainridge from RFP for $13.6 million, to be partially financed by Anchor Gaming.〔 〕 The sale was completed in May 2000.〔 〕 In the wake of their dispute, Piontkowski and Giuliano filed dozens of lawsuits against of each other, with proceedings lasting through 2005.〔 〕 Giuliano initiated multiple attempts to develop a nearby competing harness racing track,〔 〕〔 〕 none of them successful. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Plainridge Park Casino」の詳細全文を読む スポンサード リンク
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