Hawthorne Race Course Sale Ends Chicago-Area Horse Racing
A federal bankruptcy court has approved the $90 million sale of Hawthorne Race Course, bringing live horse racing at the historic Chicago-area venue to an end and requiring residents and horses on the backstretch to leave by August 31. Allimac 2023 LLC, a Delaware-based real estate company, will purchase the 107-acre property in Stickney and plans to redevelop the site. The transaction is expected to close on September 1 or September 2. Hawthorne filed for Chapter 11 bankruptcy protection on […] The post Hawthorne Race Course Sale Ends Chicago-Area Horse Racing appeared first on World Casino News.
A federal bankruptcy court has approved the $90 million sale of Hawthorne Race Course, bringing live horse racing at the historic Chicago-area venue to an end and requiring residents and horses on the backstretch to leave by August 31. Allimac 2023 LLC, a Delaware-based real estate company, will purchase the 107-acre property in Stickney and plans to redevelop the site. The transaction is expected to close on September 1 or September 2. Hawthorne filed for Chapter 11 bankruptcy protection on […]
The post Hawthorne Race Course Sale Ends Chicago-Area Horse Racing appeared first on World Casino News.
