Hawthorne Filing for Bankruptcy

[Battled, Tired]

February 27, 2026
The Illinois Harness Horsemen's Association learned late this morning that Hawthorne Racecourse intends to file for Chapter 11 reorganization bankruptcy. We still do not have all of the details but expect to be in court early next week. We will release more information as soon as possible.

[GOAT]

Close it down entirely. On another note, Trigger just sniffed Lucpark's drawers.

[Dingus]

Based on that, it looks like the horsemen owed purse money are just another creditor.

[LUCPARK]

I FCKIN TOLD YOU GUYS THIS WAS COMING

THE RAT  TIMMY ONE TOE  ,,HAS JUST FCKED EVERY HORSMEN ..

WHATS THE IRB GOTTA SAY

[GamblingIssues]

Honest question, will they still be able to stay open? Will OTBs be able to stay open? Not that they simulcast many tracks because of Timmy Carey owes millions to his non paid fees.

[LUCPARK]

Honest question, will they still be able to stay open? Will OTBs be able to stay open? Not that they simulcast many tracks because of Timmy Carey owes millions to his non paid fees.

In order to open another investor has to come in and assume all debt

Carey is filling 11 to protect his assets with paying any money out