Subscribe to our Daily Digest e-mail
Churchill Downs Incorporated Completes Transaction to Assume Management of Lady Luck Casino Nemacolin

Churchill Downs Incorporated (“CDI” or the “Company”) (CHDN) today announced that it has completed its previously announced transaction to assume management of Lady Luck Casino Nemacolin in Farmington, Pennsylvania (“Lady Luck Nemacolin”) and acquire certain assets related to the management of Lady Luck Nemacolin from Eldorado Resorts, Inc. (“ERI”) (ERI) for cash consideration of $100,000. The closing follows the approval of the transaction by the Pennsylvania Gaming Control Board on March 6, 2019.


Churchill Downs


article Prize money surges for horsemen racing at Churchill Downs
(Kentucky) -- Churchill Downs says its new gaming venue is already paying dividends for horsemen racing at the Louisville track. Track officials say Churchill paid a...


article Regulators OK Churchill Downs' purchase, but say not enough women, minorities in ownership
(Illinois) -- Kentucky-based Churchill Downs Inc. completed its $326 million acquisition of a majority stake in Rivers Casino in Des Plaines despite state gambling...


article Churchill Downs partners on private, off-track betting in downtown Louisville club
(Kentucky) -- Churchill Downs and a group of investors are teaming on a deal to offer pari-mutuel wagering and simulcast betting for the first time in downtown...


article Churchill Plans no Fixed-Odds Derby Wagering This Year
(Kentucky) -- Churchill Downs Inc.'s entrance into sports wagering under its BetAmerica brand will not mean Churchill-sanctioned, fixed-odds wagering on this year...


article Churchill Downs breaks ground on Oak Grove, Ky. racetrack
(Kentucky) -- Churchill Downs Inc. and Keeneland Association broke ground Tuesday on Oak Grove Racing & Gaming, a live horse racing venue that will also have up to...


article Lady Luck Casino Nemacolin to be managed by Churchill Downs under new deal
(Pennsylvania) -- Churchill Downs Inc., operator of the famed Kentucky Derby, will assume management of Lady Luck Casino Nemacolin in Fayette County following an...


article Churchill Downs Incorporated Completes Transaction to Assume Management of Lady Luck Casino Nemacolin
(Kentucky) -- Churchill Downs Incorporated (“CDI” or the “Company”) (CHDN) today announced that it has completed its previously announced...


article Churchill Downs gets OK to take control of Rivers Casino in Des Plaines
(Illinois) -- Churchill Downs Inc. was directed to seek female and minority investors as a condition of gaining approval from an Illinois agency Friday to complete a...


article Churchill Downs closing in on $407M casino deal
(Illinois) -- Louisville-based Churchill Downs Inc. could close a major transaction within weeks if it lands needed approval Friday from the Illinois gaming board. And...


article Churchill Downs completes purchase of Presque Isle Downs & Casino
(Pennsylvania) -- Churchill Downs agreed in 2018 to the $178.9 million purchase of the Summit Township racetrack, casino. Churchill Downs Inc. on Friday announced that...


article As fines mount, Churchill Downs working to fix 'instant racing' games
(Kentucky) -- Churchill Downs is working to correct a flaw in all 900 gaming machines at its new $65 million Derby City facility in Louisville after state regulators...


article Churchill Downs' new racing machines are cutting slots win at Horseshoe
(Kentucky) -- For the past two decades, Churchill Downs has been losing foot traffic and cash to the casino downriver from Louisville and others anchored on the Ohio...


article Churchill execs, directors scoop up shares after casino purchase announcement
(Kentucky) -- A handful of Churchill Downs Inc. directors and executives are scooping up millions more in company stock shortly after the company announced it is buying...


article Churchill Downs may add slot-like games, hotel at historic racetrack
(Kentucky) -- Historical racing terminals and a hotel could be in the works for the track at 700 Central Avenue, according to a presentation the company made for...


article Churchill Downs to buy majority stake in Rivers Casino Des Plaines
(Illinois) -- Churchill Downs Inc. is making another big move in the casino business. The Louisville-based casino, gaming and racing company said it is acquiring 100...


article Churchill Downs dives deeper into online gaming world with new partnership (reg req)
(New Jersey) -- Churchill Downs Inc. has a new gaming partner as it expands its reach nationally as more states legalize online betting. Churchill Downs (NASDAQ: CHDN)...


article Churchill Downs bets on legalized sports gambling with new facility
(Kentucky) -- As lawmakers weigh allowing sports gambling in Kentucky, Churchill Downs has laid the groundwork to be first out of the gate if betting is approved. The...


article Churchill Downs concludes Ocean Downs deal
(Maryland) -- Churchill Downs has completed the acquisition of the remaining 50% of the casino at Ocean Downs and Ocean Downs Racetrack in Berlin, Maryland from Saratoga...


press release Churchill Downs Announces Closing of Acquisition of Remaining 50% Ownership of Ocean Downs
(Kentucky) -- Churchill Downs Incorporated today announced that it has closed the previously announced acquisition of the remaining 50% ownership of the Casino at Ocean...


article Churchill Downs Finalizes Deal That Gives Them Control Of Two PA Casinos
(Pennsylvania) -- Churchill Downs Incorporated (CDI) is just about officially a part of the Pennsylvania casino market. In a Monday press release, the Louisville-based...


article Churchill Downs expands, eyes sports betting as quarterly earnings and revenue rise
(Kentucky) -- As it poised itself to capitalize on new sports betting opportunities and proceeded with expansion plans, Churchill Downs posted increases in second-...


article Erie casino sale remains on track
(Pennsylvania) -- Churchill Downs still plans to purchase Presque Isle Downs & Casino, though the original deal that also involved a Mississippi casino has been...


article The Deal’s Off: Churchill Downs’ Acquisition of Mississippi’s Lady Luck Casino Abandoned
(Mississippi) -- Churchill Downs Inc (CDI) has discarded a deal to buy Eldorado Resorts’ the Lady Luck Casino in Vicksburg, Mississippi.


article Churchill Downs Drops $51M Casino Deal After FTC Request [sub req]
(Mississippi) -- Churchill Downs Inc. said Monday that it has dropped its planned $50.6 million purchase of a Mississippi casino from Eldorado Resorts Inc. after the...
article Churchill Downs Inc. terminates plan to purchase casino
(Mississippi) -- Churchill Downs Inc. said Monday it has canceled plans to purchase a casino operation in Mississippi but is moving ahead on the purchase of a...


article C Strikes Deal To Move Into New Jersey Sports Betting Market
(New Jersey) -- Two days after the Supreme Court issued a historic ruling paving the way for legalized sports gambling in the U.S., Churchill Downs Inc. has moved...

visionary sponsor advertisement

sponsor advertisement