Racino gets extension

NEW CASTLE, Pa.

The Pennsylvania Harness Racing Commission will not revoke Valley View Downs’ harness-racing license — at least not yet.

On Friday, the commission instead gave the proposed development off U.S. Route 422 here time to see if a bankruptcy auction draws any bidders. The license then could be transferred to the new owner.

Valley View Downs and its parent company, Centaur LLC of Indianopolis, are in bankruptcy reorganization and faced revocation of Valley View Downs’ harness-racing license Sept. 5 because the track is not yet up and running.

But at a special meeting Friday in Harrisburg, the commission excused Valley View Downs from meeting that deadline and allowed additional time to see whether a bankruptcy-court auction of the property draws any bidders.

The commission placed several conditions on the delay.

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