Churchill Lows and Companion Get ACCEPTABLE to Build Brand-new Kentucky Racetrack with Poker Parlor

Churchill Lows and Companion Get ACCEPTABLE to Build Brand-new Kentucky Racetrack with Poker Parlor

Churchill Lows and Keeneland will work jointly Kentucky’s first brand new harness racetrack in 25 years

The Kentucky Horse Racing Commission decided on on Ending friday Churchill Downs and Keeneland Inc. because winning buyers for the engineering of a use racetrack together with a gambling restaurant in Western Kentucky. Their joint venture certainly is the first racetrack to be integrated the state on 25 years.

Churchill Downs as well as Keeneland have presented an agenda to collectively develop and even operate the $150-million racetrack in Pine Grove for Chistian Region. The last option company will simply own five per cent in the assignment.

The back again bidders can build a five-eighths of a mile racetrack that may host 10 days of standardbred races . Construction can be expected to get started as early as in 2012. The new classy will also feature 1, 700 historical sporting machines. A few weeks back, a Signal Court Determine ruled that the machines happen to be pari-mutuel, which often made these legal underneath Kentucky rules that secure gambling at horse rushing. Churchill Lows opened any gambling restaurant with fantastic racing equipment at its Louisville property sooner this year.

Often the machines happen to be estimated to have produced more than $21 mil for the california’s coffers because 2010. Churchill Downs Racetrack President Kevin Flanery shared with media that they expect typically the machines within their unique property so that you can annually build $10 million dollars. (más…)