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Suffolk Downs trying to beat the odds23 April 2008MASSACHUSETTS -- As reported by the Boston Herald: "Since Richard Fields took over Suffolk Downs last year, attendance is up, but wagering revenues are down. Fields will address the state of the racetrack and unveil plans for the MassCap race at a luncheon today. "Richard Fields is fast out of the gate in his long-shot bid to revive Suffolk Downs, but the finish line remains elusive. "The veteran casino developer and horse-racing enthusiast will unveil plans for Suffolk's upcoming racing season at a downtown luncheon today. "However, a year after he took the reins at the beleaguered East Boston track, Fields' bid to restore Suffolk to its glory days still faces long odds. "A marketing campaign aimed at resurrecting interest in live racing has yielded results, but overall track revenue declined last year. "And a bid to make Suffolk the site of a gambling resort has folded, for now anyway, with the demise of Gov. Deval Patrick's casino plan. "...Fields is expected to detail efforts to boost the profile of Suffolk's marquee race, the MassCap, at today's speech at the Boston Harbor Hotel..." |