Jack Liebau stated that the 260 acres on which the track sits "now simply has a higher and better use," and that "in the absence of a favorable change in racing's business model, the ultimate development of the Hollywood property was inevitable. Each weekend features a major, multi-day tournament with 6+ starting flights and massive guarantees. The series includes a variety of poker tournaments with buy-ins as low as 200. Hollywood Park Casino reserves the right to cancel this promotion without notice at its sole discretion. The Lodge Championship Series (LCS) is a yearly tournament series at The Lodge Card Club that last three weeks, starting in late April and running through the middle of May. In May of 2013, it was announced that Hollywood Park would be closing at the end of their fall racing season in 2013. Must be 21 years of age or older to participate. Starting in 2014, racing will be moved to Santa Anita Park and Del Mar Racetrack. This same event was won 11 times by other "Horse of the Year" winners. The legendary Seabiscuit won the inaugural running of the Hollywood Gold Cup, the track's signature race. The track was also the location for the Breeders' Cup in 1984, 19. It has hosted racing events since it opened in 1938, including notable races such as the annual Hollywood Gold Cup, American Oaks Invitational and the Hollywood Derby. Also known as Bet Fair Hollywood Park, the Race Track is located in Inglewood and is about 3 miles from LAX.
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