Fifteen (15) years after closing a previous track in Cincinnati, Old Oakley Race Course was the opening of the Beleterra Park in 1925. It was originally called River Downs, located along the banks of the Ohio River, adjacent to the Coney Island Water Park and Riverbend Music Center.
In January 2011, it was purchased by Pinnacle Entertainment. In October 2013, Pinnacle renamed River Downs as Belterra Park.
Due to the disastrous flood, it was moved slightly to the east due to the 2013 rebuild and had two courses, similar to the previous River Downs configuration. In its 2014 reopening, Belterra Park applied to race until mid-October, citing an opportunity created when the autumn racing dates at nearby Turfway Park were transferred to Churchill Downs.
In 2017, Belterra Park featured live racing beginning on April 29 and ending October 8, with racing held Fridays, Saturdays, Sundays, most Thursdays, Independence Day, Memorial Day, and Labor Day. Quarter horse racing will also be featured on September 9 and October 8. Then by October 2018, Boyd Gaming purchased the property from Pinnacle, along with three other casinos.
The Main Track (dirt) is 1-mile (oval) with 6 1/2 furlong and 1 1/4 mile chutes, in which inside is the 7-furlong turf (grass) course. It also has a stable area that can accommodate up to 1,350 horses. Before the tear-down of the grandstand, Belterra Park’s seating capacity was 9,350. Afterward, it now has 1,200 permanent stadium-style seats with room to add another 1,000 bleacher-style seats on larger race days.