{"id":281,"date":"2024-06-28T22:57:07","date_gmt":"2024-06-28T19:57:07","guid":{"rendered":"https:\/\/funclubcasinonodepositbonus.icu\/2024\/06\/28\/churchill-downs-takes-ownership-of-kentuckys-ellis-park-for-79-million\/"},"modified":"2024-06-28T22:57:07","modified_gmt":"2024-06-28T19:57:07","slug":"churchill-downs-takes-ownership-of-kentuckys-ellis-park-for-79-million","status":"publish","type":"post","link":"https:\/\/funclubcasinonodepositbonus.icu\/2024\/06\/28\/churchill-downs-takes-ownership-of-kentuckys-ellis-park-for-79-million\/","title":{"rendered":"Churchill Downs Takes Ownership of Kentucky&#8217;s Ellis Park for $79 Million"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/x1nJmSxZ2CU\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Churchill Downs, Inc. (CDI) has acquired the Ellis Park racetrack and gaming center in Kentucky for a sum of $79 million.<\/p>\n<p>Churchill Downs Takes Ownership of Kentucky&#8217;s Ellis Park for $79 Million<br \/>\nCDI purchased Ellis Park Racetrack and Gaming from Enchantment Holdings, a subsidiary of Laguna Development Company.<\/p>\n<p>Ellis Park, situated in Henderson, Kentucky, has been in operation for a century and includes a gaming facility equipped with approximately 300 historical racing machines (HRMs).<\/p>\n<p>CDI intends to construct a new track extension facility at the Owensboro Town Square Mall in Owensboro. The newly established Owensboro Racetrack and Gaming facility will feature an entertainment venue with 600 HRMs, a simulcast wagering center, and culinary and beverage services.<\/p>\n<p>CDI has stated that they will invest roughly $75 million in Henderson County and Daviess County within the next twelve months, in addition to the acquisition price.<\/p>\n<p>The transaction is currently awaiting approval from the Kentucky Horse Racing Commission. <\/p>\n<p>Our crew is dedicated to organizing summertime gatherings at &#8216;The Pea Patch&#8217; to draw in more Kentucky-born racehorses and Kentucky coaches to remain in the state, while also bringing top racing talent from all over the nation to the Bluegrass State each July and August,&#8221; remarked CDI Chief Executive Officer Bill Carstanjen.<\/p>\n<p>Kentucky Governor Andy Beshear added, &#8220;This is thrilling news for horse racing. CDI has demonstrated it possesses the expertise, assets, and drive to rejuvenate Ellis Park as a top racing location and provide exceptional wagering entertainment.<\/p>\n<p>&#8220;This investment will guarantee that our Kentucky jockeys have the best year-round racing circuit in the nation and generate employment opportunities throughout the area and state. Churchill Downs is a fantastic corporate citizen and a crucial component of the Kentucky team.&#8221;<\/p>\n<p>Sign up for the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Churchill Downs, Inc. (CDI) has acquired the Ellis Park racetrack and gaming center in Kentucky for a sum of $79 million. Churchill Downs Takes Ownership of Kentucky&#8217;s Ellis Park for $79 Million CDI purchased Ellis Park Racetrack and Gaming from Enchantment Holdings, a subsidiary of Laguna Development Company. Ellis Park, situated in Henderson, Kentucky, has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Churchill Downs Acquires Ellis Park for $79 Million<\/title>\n<meta name=\"description\" content=\"Churchill Downs, Inc. 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