Friday, June 23, 2017

Future uncertain for Vernon Downs


VERNON, N.Y. -- Vernon Downs will close its doors by the end of the year, after a last minute deal in the state Legislature fell apart.

Vernon Downs owner, Jeff Gural, said the track loses $150,000 each month competing with other casinos like the neighboring Turning Stone Casino, as well as others in Syracuse, Schenectady and the Finger Lakes.

"All I'm saying is just adjust the tax rate to reflect the fact that we're surrounded by these casinos," Gural said Thursday.

Gural said he plans to shut down the casino in the fall, the racetrack in November and hotel in December. Vernon Downs employs about 300 people.

"I just remain convinced that no sane politician could possibly think that's a good idea to close Vernon," Gural said.

See WKTV  http://www.wktv.com/story/35730539/future-is-uncertain-for-vernon-downs