Hollywood Park laid off approximately 18 employees on Wednesday, including Allen Gutterman, the vice-president, marketing, and James Miller, paymaster of purses. Employees in accounting and information technology were also laid off, according to a source with knowledge of the situation.
The layoffs occurred a month after the Bay Meadows Land Co. purchased Hollywood Park from Churchill Downs Inc. for $260 million. The transaction is expected to close on Sept. 23.