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Benzinga
Churchill Downs Bets Big On This 100-Year Old Kentucky Racing Firm
Churchill Downs Inc (NASDAQ: CHDN) has signed a definitive agreement to acquire Ellis Park Racing & Gaming in Henderson, Kentucky, from Enchantment Holdings LLC for $79 million in cash. The company will also assume Ellis Park’s opportunity to construct a track extension facility in Owensboro, Kentucky. Ellis Park, located north of the Ohio River and just south of Evansville, Indiana, celebrated 100 years of racing this year. In addition to being known as the home of summer Thoroughbred racing in
