Arapahoe Park Could Close Its Doors If State Senate Bill Isn’t Passed

Arapahoe Park operators say the track will close if the state Senate Bill 22-117 is not passed. The bill seeks to define the term "gross receipts" as applied to money wagered on Colorado races from out-of-state.

Arapahoe Park could close if the state Senate Bill isn't passed. The impetus behind the bill is a change in the way the Division of Racing Events calculates how much money the track may keep and how it owes to other entities. Arapaoe's attorney describes the change as a "bomb dropped on them in middle of the season". The division's director declined to comment on the differences between the formula previously used to calculate the horsemen's portion of money wagered out-of-state and the new formula.  The legislation is pending.