City is getting ready to make its bid for ‘racino’

By Chelle Delaney: Quay County Sun About 120 citizens turned out Monday evening to learn how they could help investors and the Quay County Gaming Authority make their case before the state’s Racing Commission. Coronado Partners is the ownership team that wants to develop Coronado Race Track and Casino in Tucumcari.Attendees signed up for banners […]

Proposed racino will bring new money to state, supporters say

jz1vgp-overallweb.jpg

By QCS Staff Don Chalmers of Coronado Partners, LLC announced Monday that an application had been filed Friday with the New Mexico Racing Commission and the New Mexico Gaming Control Board to develop and operate Coronado Park race track and casino in Tucumcari, according to press release. “I am very excited to bring this project […]

Application filed for racino in Tucumari

jyyvj0-chalmers1web.jpg

By QCS Staff It’s official. The application for a race track and casino has been filed with state agencies to obtain licenses for a racino in Tucumcari. Here is Coronado Partners’ press release on the filing of the application: Don Chalmers of Coronado Partners, LLC filed an application Friday with the New Mexico Racing Commission […]

Racino planners present site plan for Coronado Park

jybr6t-racino1web.jpg

By Chelle Delaney: Quay County Sun Tuesday’s audience was eager and receptive. All the odds were in the presenters’ favor. But the stakes are getting higher as an investor group, Coronado Partners, LCC, seeks to win the last available license from the state’s Racing Commission to operate a racetrack and casino in Tucumcari. Investors and […]

Two muncipalities agree to option for ‘racino’

By Chelle Delaney Two of the four government entities that comprise the Quay County Gaming Authority have agreed to sign options for a reduced percentage of the ownership in a proposed application for a race track and casino. The Quay County Commission agreed Monday that it would sign an option for a 1.5 percent ownership […]

‘Racino’ plans still on track

By Chelle Delaney: Quay County Sun The principal parties applying for a proposed $30 million race track and casino, “racino,” in Tucumcari will be introduced to the community later this month, said Warren Frost, a Logan attorney and executive director of the Quay County Gaming Authority. Plans are under way for the group to apply […]

Majority ownership given up in racino plan

By Chelle Delaney: Quay County Sun Members of the Quay County Gaming Authority agreed to give up 91 percent of its ownership to a private management firm, said Warren Frost, executive director of the authority. The authority’s members, Quay County, Tucumcari, San Jon and Logan, now would have to split 9 percent of the proceeds, […]

Gaming authority waits to hire architectural firm

By Chelle Delaney: Quay County Sun Any decisions about a architectural firm to design a proposed casino and race track in Tucumcari were tabled on Monday at the meeting of Quay County Gaming Authority. Warren Frost, executive director of the authority, recommended that the authority hold off on making a decision until a management firm […]

‘Racino’ gains JPA support

1176276239-general-mtg-pixweb.jpg

By Chelle Delaney: Quay County Sun As of Tuesday night, participants invited to join a joint powers agreement (JPA) to apply for a race track and casino in Tucumcari were: 2:1. Remaining are two unknowns. At its regular meeting on Tuesday evening, the Village of Logan agreed to become a member of the JPA, said […]

‘Racino’ up for discussion at Monday meeting

On Monday the governing bodies of Tucumcari, Logan, San Jon, House, and Quay County will meet to discuss a Joint Powers Agreement to create the Quay County Gaming Authority. This will include a presentation by Warren Frost, the program coordinator, and Michael Newman, the financial advisor, concerning possible avenues of financing the construction and operation […]