Emerald Downs first opened its doors to race fans on June 20, 1996, with the inaugural 100 day meet running through November 4. It replaced Longacres Racetrack, which closed in September 1992 after sixty seasons of racing. Following the closure of Longacres, racing was not held in Western Washington from 1993–1995. However, Thoroughbred racing continued at Yakima Meadows and Playfair Race Course in Spokane during this time. Emerald Downs is a Limited Partnership, with a group of investors led by Track President Ron Crockett. In 2002, the land where Emerald Downs is situated was purchased by the Muckleshoot Indian Tribe for roughly $70 Million.