The 19 racing seasons were financial failures, and the new track went into receivership.
The first track in the state, the Jefferson County complex contained 22 buildings and included 12 stables, a clubhouse, 44 betting windows, a 3,000-seat, steam-heated grandstand, and a 200-seat restaurant. The Charles Town Race Track opened on December 2, 1933, shortly after West Virginia legalized racing and parimutuel betting.