Finally the transcript for the latest VRC October meeting. Reads like a “divorce court” proceedings. One of the last commission comments is a “thank you” for Colonial Downs and the VEA for working so hard on this issue. Just goes to show that when government officials thank you for hard work, you’ve probably gotten no where.
Love the part when the discussion of renting or leasing Colonial Downs is brought up. On a level of 1 to 10, VRC frustration was definitely a 8 or above.
Besides why would Colonial Downs want to give the VEA (or any group) a long term lease? Appears Jacobs is not thinking about racing, and besides that’s prime property very close to the expanding Williamsburg and greater Hampton Roads metro area?
http://www.vrc.virginia.gov/2015agendasminutes/October%2014,%202015%20VA%20RACING.pdf
Nothing was said about the Oak Ridge refugee situation. That would have definitely pushed the frustration level to a 10. You can’t help but wonder if the VRC and the VEA are not in collusion to conceal all the problems from the public.
And then there is this. The first issue in the VRC transcript is also very interesting and boggles the mind. From a vabred.org article: "[I]. . . Twin Spires, one of three ADW (Advance Deposit Wagering) companies permitted to take wagers in Virginia (along with TVG and XPressBet). Twin Spires has not paid the Virginia Equine Alliance (VEA) commissions due for the past three months. According to VRC Executive Secretary Bernie Hettel, “Twin Spires didn’t find the VEA to be a legitimate organization and thus has not paid. They will either pay up or face consequences”. A hearing date has been scheduled for November 17 as part of the next VRC meeting.
Jeb Hannum, Executive Director of the VEA, noted the three month total due from Twin Spires now stands at $264,597 — approximately $80,000 from July, $105,000 from August and $78,000 from September."[/I]
https://www.vabred.org/recap-of-october-14th-virginia-racing-commission-meeting-2-hearings-scheduled-for-november/
Although the VRC authorizes the VEA to speak for VA Horseracing, Twin Spires, a KY corporation, doesn’t considered the VEA legitimate. Is KY screwing with authority of Virginia government? Why not. Jeff Jacobs in CO is turning things upside down here.