Saratoga Harness Racing Inc. acquires Fitzgerald Black Hawk

May 21, 2012 8:19 PM

Saratoga Harness Racing Inc., the company that operates a major slots facility as well as a racetrack in upstate New York, is branching out by acquiring Fitzgeralds Black Hawk Casino in Black Hawk, Colo.

Purchase price was listed at $28 million.

The harness track became a major player when New York’s lawmakers decided to expand gambling in that state. The privately-owned track added 1,700 slot machines and a number of amenities.

Fitzgeralds Black Hawk Casino was one of several gaming properties that were operated by the late Don Barden’s Majestic Star Casino LLC.