Final September, a number one horse racing, on-line betting and gaming leisure firm, churchill downs firm (CDI) has confirmed it has accomplished its acquisition of Ellis Park Racing and Gaming for a price ticket of $79 million.
Situated in Henderson, Kentucky, the venue offered the corporate with a novel alternative for additional progress and enlargement.there are at present a number of 300 historic racing vehicles in (HRM) Ellis Park. Nevertheless, the acquisition gave CDI the chance to additional broaden this infrastructure and supply his second HRM location.
Now, Churchill Downs has launched further particulars about its enlargement plans in Kentucky. In a press release issued on Monday, the corporate mentioned: Acquired land in japanese Davis County it’s outdoors the town limits owensboro. CDI mentioned the land will probably be used to develop a brand new HRM leisure venue to enhance Ellis Park.
A latest assertion launched by the CDI confirmed the next: new leisure venue Assist assist Ellis Park. Further particulars are nonetheless pending, however the firm has pledged to reveal extra details about its new property funding and improvement plans. The CDI didn’t affirm a selected date when the knowledge would arrive, however relatively mentioned it could arrive “throughout the subsequent few months.”
“Churchill Downs has introduced that it has secured a web site in japanese Davis County, outdoors the Owensboro metropolis limits, to construct its beforehand introduced historic racing machine leisure facility as an annex to Ellis Park Racing & Gaming. This new facility will assist the funding of Ellis Park’s racing competitions.“
Learn the assertion issued by Churchill Downs
Firm suspends racing exercise after hose fatality
Particulars a few piece of land in japanese Davis County that will probably be used as a brand new leisure venue had been solely lately introduced. CDI quickly suspends racing actions. The choice to droop operations was made after varied concerns. horse fatalities.
Regardless of investigations by specialists, no potential explanation for dying was discovered. Moreover, the corporate made the choice to quickly cancel the Spring Meet after specialists had been unable to establish a selected sample. The CDI has introduced that the suspension of stay racing operations will come into impact from June 7, 2023, whereas contemplating security measures. Till July 3, 2023.
“What occurred with our truck may be very upsetting and completely unacceptable. Extra time needs to be spent to completely overview all particulars and circumstances in order that floor, security and integrity protocols may be additional enhanced.“
CDI CEO Invoice Karstangen
On the time of the announcement, Invoice Karstangen, CDI’s CEO, mentioned the latest fatalities had been extremely alarming and unacceptable. He mentioned the corporate will conduct an entire overhaul of its operations, in addition to strengthen its insurance policies and protocols.
