Churchill Downs has completed its previously announced purchase of Chasers Poker Room in Salem, New Hampshire
Churchill Downs has completed its previously announced purchase of Chasers Poker Room inwards Salem, New Hampshire.
The purchase has been made prescribed followers approval from the New Hampshire down Lottery Commission.
Chasers is placed tightlipped to downtown Boston, a large-hearted gaming operator offering fire hook among a variety of tabulate games.
Churchill Downs says it plans to construct an expanded charitable gaming readiness inwards Salem, installing upwards to 800 gaming positions which will include historical racing machines as good as tabulate games.
The company’s enlargement plans, including the purchase price, are expected to be more or less $150m.
Churchill Downs CEO Bill Carstanjen said: “We are excited to build upon the success of Chasers with CDI’s proven excellence inwards historical horseracing operations and a young facility.
“It is a favour to hold the chance to meaningfully funding nonprofits inward New Hampshire as the leading gaming operator in good-hearted contributions.”
New Hampshire down will represent the 4th country inwards which Winston Churchill Downs testament run historical horseracing games.
Other states where the companion operates historical horseracing include KY and Louisiana. The accompany plans to operate historical horseracing inward Old Dominion State too, upon the confining of its pending Peninsula Pacific Entertainment acquisition.
Churchill Downs is a racing, online wagering and gaming company, famously known for its flagship event – the Bluegrass State Derby.
Recently, the companion posted a record Q2 2022 revenue of $582.5m, an amount $67.4m greater than the previous year.
This yr also saw the Bluegrass State Derby record book a significant income step-up of $231.3m compared to the Covid-restricted 2021 event.