International edition
June 25, 2021

It is seeking an award of damages

Penn National sues joint venture partner in New Jersey racetrack

(US).- Casino operator Penn National Gaming said last week that is has sued its joint venture partner in a New Jersey racetrack to force it to open an off-track betting location nearby.

P

enn National said Pennwood Racing, the joint venture that controls the Freehold Raceway, has the right to open a betting facility in Camden County. However, Pennwood directors appointed by partner Greenwood Racing have blocked the development of such a facility, Penn National alleges in the suit.

Penn National believes Greenwood Racing is fighting the development because it fears the facility would draw customers from its own off-track betting locations nearby. No one was available to comment after hours at Greenwood Racing's office.

Penn National is seeking an award of damages as well as an order directing Greenwood Racing directors to consent to the development of a Camden County betting location.
The firm owns and operates gambling and racing facilities with a focus on slot machines. It is based in Wyomissing, Pennsylvania.

What is your opinion about this article?
  • I like it
    %
    0 votos
  • I don't like it
    %
    0 votos
  • I have not thought about it
    %
    0 votos
Leave your comment
Newsletter Subscription
Subscribe to receive the latest news and updates
Enter a valid email
Complete the captcha
Thank you for registering to our newsletter.
Follow us on Facebook