Kandace French Contreras

A director of an independent accounting firm hired by the Arizona Racing Commission (AZRC) to audit the financials of Turf Paradise as part of the track's three-year permit application testified at a Thursday meeting that if $24 million in federal and state subsidies from the COVID-19 pandemic gets backed out of the equation, Turf Paradise has operated at a net loss for the past three years. Sean Tanner, a certified public accountant who specializes in forensic accounting with Keegan Linscott & Associates, further told the AZRC that based upon projections...