The effort was led by Al Boyle, president of the Charles Town Races, who named it after his family's ancestral home of Waterford, Ireland. Originally to be known as Waterford Downs, the track's parent company was incorporated in 1937. It is notable for being the first race track in the United States to get slot machines and become a racino. It is owned by Vici Properties and operated by Century Casinos. Mountaineer Casino, Racetrack and Resort is a thoroughbred racetrack and casino resort located on the Ohio River north of New Cumberland, West Virginia.
