Churchill Lows and Partner Get ALL RIGHT to Build Brand new Kentucky Racetrack with Betting Parlor

Churchill Downs and Keeneland will operate jointly Kentucky’s first fresh harness racetrack in more than 20 years

The Kentucky Horse Races Commission preferred on Thursday Churchill Lows and Keeneland Inc. as the winning buyers for the formation of a generate racetrack including a gambling parlor in Oriental Kentucky. Their own joint venture is definitely the first racetrack to be made in the state inside 25 years.

Churchill Downs and even Keeneland possess presented a plan to in concert develop and even operate a good $150-million racetrack in Walnut Grove inside Chistian County. The second company is only going to own 5% in the undertaking.

The being successful bidders definitely will build a five-eighths of a mi. racetrack that may host 16 days of standardbred races . Construction is usually expected to begin as early as next season. The new difficult will also option 1, 600 historical bike racing machines. This last year, a Circuit Court Assess ruled that the machines were pari-mutuel, which made them legal in Kentucky regulations that officer gambling upon horse speeding. Churchill Lows opened your gambling shop with medieval racing systems at its Louisville property previous this year.

Typically the machines are already estimated to experience produced above $21 huge number of for the state’s coffers considering that 2010. Churchill Downs Racetrack President Kevin Flanery stated to media they will expect the actual machines from their unique property towards annually yield $10 huge number of. Read more