{"id":199,"date":"2024-06-18T03:12:45","date_gmt":"2024-06-18T00:12:45","guid":{"rendered":"https:\/\/shazamcasinonodepositbonus.icu\/2024\/06\/18\/churchill-downs-incorporated-acquires-ellis-park-racing-gaming-in-kentucky\/"},"modified":"2024-06-20T17:10:20","modified_gmt":"2024-06-20T14:10:20","slug":"churchill-downs-incorporated-acquires-ellis-park-racing-gaming-in-kentucky","status":"publish","type":"post","link":"https:\/\/shazamcasinonodepositbonus.icu\/2024\/06\/18\/churchill-downs-incorporated-acquires-ellis-park-racing-gaming-in-kentucky\/","title":{"rendered":"Churchill Downs Incorporated Acquires Ellis Park Racing &#038; Gaming in Kentucky"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/jdAuRMh4ba4\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The horse racing realm just got bigger thanks to Churchill Downs Incorporated!  They&#8217;ve acquired Ellis Park Racing &#038; Gaming in Henderson, Kentucky for a hefty $79 million.  This follows their purchase of Chasers Poker Room in Salem, New Hampshire earlier in the year. CDI, as they&#8217;re known in industry circles, is on a hot streak!<\/p>\n<p>Originally owned by Enchantment Holdings, a branch of Laguna Development Corporation, Ellis Park is switching gears.  A deal was in the works earlier this month, pending approval from the Kentucky Horse Racing Commission, which has now been granted.<\/p>\n<p>CDI is eager to revamp Ellis Park&#8217;s racing infrastructure and break ground on a new track addition and entertainment complex in Owensboro dubbed (wait for it) &#8230; Owensboro Racing &#038; Gaming! Situated at the Towne Square Mall, it will feature 600 historical racing terminals and a dedicated simulcast wagering section. <\/p>\n<p>Churchill Downs CEO Bill Carstanjen is enthusiastic, stating, &#8220;Our staff is already diligently working in both Henderson and Owensboro&#8230; We look forward to revealing more soon about our vision for Ellis Park and how we intend to elevate purses via Owensboro&#8217;s rich horse racing heritage.&#8221; Kentucky horse racing is galloping towards an exciting future! <\/p>\n<p>Churchill Downs Incorporated commenced 2022 with a bang, investing a substantial $2.5 billion to secure a majority stake in Peninsula Pacific Entertainment. This calculated maneuver laid the groundwork for a period of expansion and development.<\/p>\n<p>Although it&#8217;s premature to label these acquisitions an unqualified success, CDI&#8217;s latest quarterly financial statement appears quite promising. They&#8217;ve experienced robust year-on-year gains, and their revenue for the second quarter? To put it simply, they knocked it out of the ballpark, achieving an unprecedented peak. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The horse racing realm just got bigger thanks to Churchill Downs Incorporated! They&#8217;ve acquired Ellis&#8230;<\/p>\n","protected":false},"author":61,"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 Makes a Play: Ellis Park Acquired for $79 Million<\/title>\n<meta name=\"description\" content=\"The horse racing world is buzzing! Churchill Downs Incorporated adds Ellis Park Racing &amp; Gaming to its stable in a massive $79 million deal. 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