David McCaffery

Plan For New Chicago Track Forging Ahead Despite Big Differences In Gaming Law Interpretations

An Illinois businessman with a background in both real estate development and racehorses is actively putting together an investment team to build a new $180-million Thoroughbred racino about 35 miles south of Chicago. But even a year before the first shovels might break ground, controversy is swirling because of different interpretations of the enabling gaming law that is a linchpin for the project to proceed. Ronald Awsumb, 68, who has owned and bred Thoroughbreds and also worked as a bloodstock consultant alongside his family's chief business of building malls and...

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Request to Escrow $4.9M in 'Recaptured' Arlington Purses Again Shot Down By State
Request to Escrow $4.9M in 'Recaptured' Arlington Purses Again Shot Down By State

For the second time in four months, the Illinois Racing Board (IRB) Jan. 21 declined a request by the Illinois Thoroughbred Horsemen's Association (ITHA) to put $4.9 million of "recaptured" purse funds in escrow so that money can only be collected by Arlington Park if the track runs its entire slate of 68 dates in 2021. During Thursday's IRB meeting, the ITHA restated the same argument it articulated back on Sept. 16, when the 2021 dates were initially granted: that the Illinois racing community doesn't have faith that Churchill Downs,...

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