CDI has put Fair Grounds on the market

Originally Posted by DaTruth

FG's value is largely based upon the slots license, and without racing, there is no slots operation. Even if someone wanted to close FG and redevelop the property, they would run into all kinds of local regulatory hurdles, not to mention there are some bad neighborhoods to the north and east of the property.

I hope you are right. However, Hollywood Park was located in one of the worst neighborhoods in the country and it also had a Casino which will still remain. Also, there are several Casinos in Louisiana that operate slots without racing.