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Vernon Downs company history timeline

1953

The harness racing track was opened in 1953 near Syracuse, New York, and operated successfully for many years as it quickly attained status as one of the most popular harness tracks in the country.

1955

In 1955, Adios Harry ran a "miracle mile" in 1:55, a record that stood for 18 years.

2002

Tax debts and other financial issues made it likely that the casino would shut down in 2002 despite legalization of the video slot machines which were legalized in New York following the success of Native American casinos, and as an attempt to stimulate New York's economy after September 11.

2008

On February 11, 2008, the racino/casino closed down after the New York State Assembly's Racing and Wagering Committee failed to pass a bill that would allow Vernon Downs and other racinos in New York pay less in taxes to the state.

2016

However tax legislation that enabled a change in the fees the racino paid to the state and Tioga Downs' acquiring a full gaming license in 2016 both helped Vernon Downs as Tioga is owned by the same parent company.

2017

The start of the track season was delayed when owner Jeff Gural again cited competition from Turning Stone and Yellow Brick Road Casino in Chittenango and there were plans to close the facilities in the fall of 2017.

2018

Despite citing plans to cut the number of slot machines by about 150, the racino still operated more than 750 as of April 2018.

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Founded
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Headquarters
Vernon, NY
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Vernon Downs competitors

Company nameFounded dateRevenueEmployee sizeJob openings
Tioga Downs Casino2006$11.0M75038
Mohegan Sun Pocono2005$11.1M437-
Casino At Ocean Downs----
Island View Casino2006$99.0M1,20051
IP Casino Resort Spa1997$210.0M2,30047
The Mill Casino-$470,0007-
Spirit Mountain Casino1995$14.0M20011
Coushatta Resort1994$336.0M3,00037
Odawa Casino2007$530.0M27012
Tulalip Resort Casino1983$62.0M82925

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Vernon Downs may also be known as or be related to Vernon Downs and Vernon Downs Casino & Hotel.