The Racing Journal Logo

Arapahoe Park sold to BLB Investors, becomes NTRA member

December 21, 2005     E-mail this page to a friend!

Aurora, CO - Arapahoe Park, Colorado’s premiere and only live horse racing venue, opted to become a member of the National Thoroughbred Racing Association for 2006 for the first time in the history of the track.

Arapahoe Park is located south of Denver in Aurora. The track was sold this past year by Wembley USA for $455 million to BLB Investors.

An increase in racing dates highlights the 2006 Racing Calendar at Arapahoe Park. Thirty-nine (39) dates, an increase of two live dates, has been scheduled for the 2006 season, the first full meeting conducted under the new ownership of BLB Investors, LLC. The 2006 dates are subject to approval from the State of Colorado Division of Racing Events. The Connecticut based company acquired Arapahoe Park and four other Colorado based properties as well as Lincoln Park Greyhound Park in Rhode Island in July of this year.

“Since their arrival in Colorado, BLB has been very vocal in their commitment to live racing,” said Arapahoe Park General Manager Bruce Seymore. “The additional two dates translates into an extra week of live racing and allows us to card racing through Labor Day. That added week will help our horsemen when they make their travel plans following our meeting. This is a win-win situation for all concerned.”

Similar to 2005, racing will be conducted on a three-day per week schedule, commencing on June 10, Belmont Stakes Day. Mondays will replace Fridays as a live racing day and Mondays will be Thoroughbred racing programs only. A special holiday program will also be conducted on Tuesday July 4. The Saturday and Sunday programs will be comprised of Thoroughbred, Quarter Horse, Paint Horses and Arabian races. Post times will be determined at a later date.

“We moved our Fridays to Mondays to expand our presence in the simulcast market,” said V.P. of Racing and Simulcast Sean Beirne. “By racing Thoroughbreds only on Mondays, we should be able to gain exposure for our product. In 2005 we averaged nearly nine starters per race. If you combine our field sizes with multiple exotic wagering opportunities, we feel we have a product that racing fans throughout the country will be interested in.”

About BLB Investors, LLC
BLB Investors, LLC (“BLB”) is a Connecticut based company comprised of three partners: Kerzner International Limited (NYSE: KZL), Starwood Capital Group Global, LLC and Waterford Group, LLC. In July 2005, BLB acquired the U.S. holdings of Wembley USA, located in Rhode Island and Colorado; Lincoln Park Greyhound Park (Rhode Island), Arapahoe Park, Mile High Greyhound Park, Havana Park, Post Time Greyhound Park and Pueblo Greyhound Park (Colorado).