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Hawthorne Race Course files for Chapter 11 bankruptcy
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Hawthorne Race Course, a 134-year-old track in Stickney, Illinois, filed for Chapter 11 bankruptcy on February 27, 2026, to restructure its debt and attract investors for a racino. The filing aims to preserve 250 jobs and pay overdue purses to horse owners amid financial strains in the state's horse racing industry. Officials expressed hope for continued operations, including a thoroughbred meet starting March 29.