With its New Hampshire expansion, Churchill Downs will operate its HRM business in four states. The company has a presence in Kentucky and Louisiana, with expansion in Virginia already underway thanks to the acquisition of Peninsula Pacific Entertainment which should complete soon.
CDI was able to fuel its expansion efforts thanks to a recent deal with The New York Racing Association (NYRA). The operator sold 49% of its subsidiary, United Tote’s shares, and will pursue a close partnership with NYRA by expanding horse racing across wagering platforms. The operator also announced several other substantial investment plans concerning Turfway Park, the Churchill Downs Racetrack, and Derby City Gaming. CDI plans to spend nearly 315 million on these three projects and continue to focus on its horse racing content.
CDI was able to fuel its expansion efforts thanks to a recent deal with The New York Racing Association (NYRA). The operator sold 49% of its subsidiary, United Tote’s shares, and will pursue a close partnership with NYRA by expanding horse racing across wagering platforms. The operator also announced several other substantial investment plans concerning Turfway Park, the Churchill Downs Racetrack, and Derby City Gaming. CDI plans to spend nearly 315 million on these three projects and continue to focus on its horse racing content.