 In 2015, the shocking news was made public that the racetrack was slated for closure at the end of the year.The closure was the result of a financial burden from a United States Court of Appeals ruling that Illinois racetracks had to pay casinos restitution.In May 2017, Balmoral Park reopened to much local fanfare and held its first horse show under the ownership of HITS Inc., featuring show jumping and show hunting competitions.