Churchill Downs Closes Coppia of Acquisition Deals

The online casino and racetrack operator seems to have expanded it’s presence with Illinois and Pennsylvania with the addition of two houses to it’s portfolio

Kentucky-based casino and racetrack agent Churchill Downs Inc. completed a duet of obtain deals early on this week a product of company’s often extend it has the footprint throughout key marketplaces across the Usa and to cement itself being a leading master of game playing properties as well as horse racetracks.

In a statement from Thursday, March almost 8, Churchill Downs announced the particular purchase of Lady Luck Betting house Nemacolin on Farmington, California for absolute cash concern of $265.21, 000. Reports about the transaction’s closure were only available in on the high heel sandals of the important regulatory consent the online casino and racetrack operator received by the Missouri Gaming Deal with Board previous this week.

Churchill Downs seems to have thus supposed management with the property right after acquiring specific assets based on its supervision from compete with Eldorado Vacation rentals. Lady Chance Casino Nemacolin opened entrances in 2013. The property characteristics 600 slots and tenty-seventh table games.

Churchill Downs used the Lady Fortune property being a condition for that closure to a previously announced deal to purchase Presque Section Downs & Casino within Erie, Missouri from Eldorado Resorts with regard to total hard cash consideration connected with $178.Read More