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Churchill Downs Closes Duo of Acquisition Deals

Churchill Downs Closes Duo of Acquisition Deals

The modern casino and racetrack operator possesses expanded their presence in Illinois plus Pennsylvania with the help of two qualities to it’s portfolio

Kentucky-based casino and racetrack provider Churchill Downs Inc. completed a duo of purchase deals before this week as part of the company’s usually extend its footprint within key marketplaces across the U . s and to band itself as the leading operator of video gaming properties and horse racetracks.

In a affirmation from Monday, March 8, Churchill Lows announced the very purchase of Lover Luck Gambling establishment Nemacolin within Farmington, Pennsylvania for entire cash thought of $465.21, 000. Info about the transaction’s closure were only available in on the pumps of the vital regulatory approval the betting house and racetrack operator got by the Pd Gaming Control Board earlier this week.

Churchill Downs provides thus deemed management on the property once acquiring several assets related to its administration from competitor Eldorado Resorts. Lady Good luck Casino Nemacolin opened panels in 2013. The property features 600 slots and 28 table games.

Churchill Downs obtained the Lady Beginners luck property being a condition for your closure of the previously declared deal to buy Presque Section Downs & Casino for Erie, California from Eldorado Resorts regarding total capital consideration for $178. in search of million. That transaction has been finalized on January. Читать далее