It’s a ‘go’- Balzac racetrack and casino back on track

CALGARY- A deal has been reached in a long-delayed racetrack and casino in Balzac next to Cross Iron Mills.

Century Casinos has announced it has reached an agreement with United Horsemen of Alberta.

The project would be the only horse-racing facility in the Calgary area and would include a gaming area, a bar and restaurant, an off-track betting area and an entertainment area.

Get breaking National news

Get breaking Canada news delivered to your inbox as it happens so you won't miss a trending story.

Sign up for breaking National newsletter Get Started

By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy.

Under the deal, Century Casinos will bankroll the $13 million cost of the project.

Horse Racing Alberta has already approved the project but the agreement still needs approval from the Alberta Liquor and Gaming Commission.

The project was originally scheduled to be completed in 2007 but was stalled because of problems in securing financing.

United Horsemen of Alberta has spent well over $100 million trying to get a track built.

Currently Northlands in Edmonton is the only Class A track in Alberta.