Churchill Downs Weighs Casino Sales and Tote Acquisition
Churchill Downs Incorporated (CDI) has launched a review that could reshape parts of its gaming portfolio while simultaneously strengthening its position in horse-racing technology through a separate acquisition agreement involving United Tote Company. The Louisville-based company disclosed in a filing with the U.S. Securities and Exchange Commission (pdf) that it is evaluating strategic alternatives for nine wholly owned gaming properties across multiple states. On the same day, CDI also announced a definitive agreement to reacquire the remaining 49% stake in […] The post Churchill Downs Weighs Casino Sales and Tote Acquisition appeared first on World Casino News.
Churchill Downs Incorporated (CDI) has launched a review that could reshape parts of its gaming portfolio while simultaneously strengthening its position in horse-racing technology through a separate acquisition agreement involving United Tote Company. The Louisville-based company disclosed in a filing with the U.S. Securities and Exchange Commission (pdf) that it is evaluating strategic alternatives for nine wholly owned gaming properties across multiple states. On the same day, CDI also announced a definitive agreement to reacquire the remaining 49% stake in […]
The post Churchill Downs Weighs Casino Sales and Tote Acquisition appeared first on World Casino News.
