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COLONIAL DOWNS
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By Frank Vespe
he news that Churchill Downs, Inc. had reached an agreement to purchase Colonial Downs and its associated properties sent shockwaves through the Mid-Atlantic racing world. It also had some racing folks on social media wondering if that meant the end might be near for the New Kent, Virginia track. The good news is that one of the people taking a far more sunny view of the purchase is also a woman who’ll be closest to the situation: Virginia Thoroughbred Association (VTA) executive director Debbie Easter. “I don’t think we have to worry about [closure],” Easter said in an interview. “My guess is our goals and Churchill’s goals are going to be aligned.”
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In fact, she said, she thought it was “quite possible” there could be synergies between Churchill and Colonial. For example, in 2021, a number of Churchill Downs horsemen took their stock to Colonial, bolstering the local meet. With Churchill now owning both facilities, there might be ways to grow that relationship.
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What’s more, Colonial is coming off a season in which it set handle records, and Easter said the track has big plans for ’22.
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There’s no question what was most enticing to Churchill Downs, Inc. was not racing at Colonial Downs per se but the right to own and operate facilities with historical horse racing machines.
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Virginia, Churchill Downs Goals “Going To Be Aligned”
Another big factor encouraging the alignment of the horsemen’s goals and the track operator’s goals is this: the structure of Virginia’s gambling law.
How much so? Approximately $47 million was wagered on racing at Colonial Downs in 2021. Meanwhile, historical horse racing machines – basically slot
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