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The specter of Spector hangs over Intermountain racing

January 6, 2011     E-mail this page to a friend!

After ceasing both live-racing and simulcast operations in Montana and Wyoming, Eric Spector of Idaho Entertainment has now asked Idaho's Ada County Commission to terminate the lease agreement to operate racing on the county's Expo Idaho property.

In Montana, the Montana Board of Horse Racing accepted an agreement from Eric Spector, Montana Entertainment’s CEO, in which Montana Entertainment (ME) agreed to pay $20,000 of the $33,000 it owes to the MBoHR. Other terms of the agreement called for Spector’s company to contact its creditors in the state and attempt to make arrangements to pay them. At the time of the agreement, ME owed the Western Montana Fair in Missoula approximately $10,000 and owed Cascade County approximately $30,000.

In Wyoming, the Wyoming Downs website had boasted that Spector’s Evanston racetrack would apply for 10 live race dates for the 2011 season. That message was replaced over the weekend with the following statement:

”Due to recently imposed new and cost prohibitive rules and other rules and regulations currently pending by the Wyoming Pari-Mutuel Commission, as well as an ongoing illegal boycott of operations by a national horsemen’s group; we have been forced to cease services and operations at this time.”

The statement went on to say that the company would “pursue our remedies.”

And now, in Idaho, Spector’s Idaho Entertainment (IE) has notified Ada County that IE wants to terminate its lease to Les Bois Park in Boise, about 20 months into its 5-year lease. During IE’s tenure as leaseholder, the track failed to open in both 2009 and 2010. Horsemen plan to meet with Ada County Commissioners early next week to discuss options for opening the track in 2011.