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Churchill Downs completes purchase of casino - Bloomberg

Thursday, 16 December 2010 14:32 administrator
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LOUISVILLE, Ky. (AP) — Churchill Downs Inc. has completed its purchase of a Mississippi casino and hotel for about $138 million.

The company, which owns Churchill Downs in Louisville and three other racetracks, will have a public ceremony Friday to mark the transfer of ownership of

Harlow's Casino Resort & Hotel in Greenville, Miss., which is across the Mississippi River from Arkansas.

Harlow's sits on about 69 acres of leased land and includes a 33,000-square-foot casino with 841 slot machines, 23 table games and a poker room as well as a 105-room attached hotel. The complex also has a 2,600-seat entertainment center and three separate dining areas.

Churchill Downs said Harlow's has approximately 480 employees.

The company also owns Arlington Park in Illinois, Calder Casino & Race Course in Florida and Fair Grounds Race Course & Slots in Louisiana.



Source: http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNE1qkk5w4zSqkAwpSpVDpqQQkrZgA&url=http://www.bloomberg.com/news/2010-12-16/churchill-downs-completes-purchase-of-casino.html

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