The Phoenix Park, at Washington and 40th Street, opened in 1954 and has run continuous live races seven days a week for 55 years. The business has faced a number of challenges in recent years, including increased competition from casinos, declining revenue and dwindling visitor numbers.
The history of Phoenix Greyhound Park can be read here.
Economic realities have hit many of the Valley’s landmarks hard. The venerable 75-year old El Chorro Lodge, and the 60-year old Pink Pony dubbed Scottsdale’s oldest restaurant have shuttered, as has the 115-year old Arizona Club — which survived the Great Depression, but was unable to persevere through Obama‘s first few months in office.