Exhibit 10.60 Charles Town Races Post Office Box 551 Charles Town, West Virginia 25414 o 304-725-7001 Fax 304-725-6979 January 1997 West Virginia Lottery Commission Mr. Richard Boyle 312 MacCorkle Avenue S.E. P.O. Box 2067 Charleston, WV 25327 Dear Mr. Boyle: This will confirm our agreement that the proceeds from Video Lottery Terminals operated at Charles Town Races shall be distributed in accordance with Section 29-22A-10 of the West Virginia Race Track Video Lottery Act. Sincerely, /s/ Jay Fortney ---------------------------- Jay Fortney President/General Manager Charles Town Races cc: Lois J. Graham 101 Charles Town Races Post Office Box 551 Charles Town, West Virginia 25414 o 304-725-7001 Fax 304-725-6979 (1) The undersigned is the representative of a majority of the horse owners and trainers at Charles Town Races. (2) The undersigned is the representative of a majority of the pari-mutuel clerks at Charles Town Races. (3) The undersigned is the representative of a majority of the breeders at Charles Town Races. (2) West Virginia Union of Mutuels Clerks, Local 553, service Employees International Union, AFL-CIO. By /s/ Joseph G. Farrie 1/15/97 --------------------------------- ------- Joseph Farrie, Active President Date By /s/ Faye D'Angelo 1/15/97 --------------------------------- ------- Faye D'Angelo, President Elect Date (Effective January 28, 1997) PNGI Charles Town Gaming Limited Liability Company By: /s/ Jay Fortney 3/24/97 ------------------------------------ ------- Jay Fortney, President/General Manager Date 102