Nevada-based Eureka Casino Resort has purchased Seabrook Greyhound Park in New Hampshire and the 75 acres it sits on.
Eureka is a rarity, an employee-owned casino company that was named in Fortune Magazine’s Top 100 Medium Workplaces in America last year. It hopes to develop a new gaming property in the New England gaming market with the greyhound park as the vehicle. It has already started work and hopes to open the first phase by August. It will remain open during construction.
Seabrook has been offering live racing, off-track betting and charitable game since 1973.
Eureka Chairman Greg Lee, who was raised in Concord declared, “We are excited to bring the opportunity for employee ownership to this legacy business. We look forward to bringing our corporate culture, and our desire to meet and exceed the expectations of our guests and the communities we serve to New Hampshire.”
Andre Carrier, Eureka’s president and chief operating officer, also hales from the Mount Washington Valley of New Hampshire. He said, “It feels great to be home. Greg and I love the land and location of Seabrook Park, as well as the business opportunity. We think we are able to bring some new energy to race wagering, and our approach to business is really aligned with the charitable casino model in place in New Hampshire. We foresee doing a lot of good here while having a lot of fun.
Carrier added, “The Park has been a landmark in New Hampshire for nearly half a century, and we take our responsibility seriously to make it a vibrant business and destination for many years to come.”
