Tuesday, June 09, 2009
State Gaming Board Approves Casino License for Raton Racetrack
Associated Press
Raton is getting its racetrack.
The state Gaming Control Board has authorized a casino license for a proposed racetrack in the northeastern New Mexico community of Raton. It clears the way for the project to proceed, since the state Racing Commission earlier gave approval for horse racing.
Project manager Michael Moldenhauer said construction activity should begin in the next two weeks.
The board acted after an investor, Marc Correra, said he was withdrawing his application from the project. A news release issued by the Gaming Control Board indicates Correra has decided to focus on other business opportunities.
Board Chairman David Norvell told Moldenhauer the project means a lot to the Raton area and that failure is not an option.
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