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Churchill Lows and Spouse Get SO to Build Brand new Kentucky Racetrack with Poker Parlor

Churchill Lows and Spouse Get SO to Build Brand new Kentucky Racetrack with Poker Parlor

Churchill Downs and Keeneland will operate jointly Kentucky’s first innovative harness racetrack in 2 decades

The Kentucky Horse Races Commission decided on on Comes to an end Churchill Lows and Keeneland Inc. as being the winning visitors for the design of a funnel racetrack and a gambling parlor in Traditional western Kentucky. Their particular joint venture could be the first racetrack to be inbuilt the state around 25 years.

Churchill Downs plus Keeneland own presented a strategy to along develop and also operate some sort of $150-million racetrack in Pine Grove in Chistian State. The cash requirements company only will own 5% in the challenge.

The profitable bidders definitely will build a five-eighths of a distance racetrack that should host 16 days of standardbred races . Construction is definitely expected to start off as early as in 2012. The new complex will also offer 1, five hundred historical race machines. Last month, a Rounds Court Ascertain ruled such machines were being pari-mutuel, which in turn made them legal below Kentucky legal guidelines that safeguard gambling on horse rushing. Churchill Downs opened a gambling parlor with medieval racing systems at its Louisville property prior this year.

The main machines have already been estimated of having produced across $21 million for the state’s coffers seeing that 2010. Churchill Downs Racetrack President Kevin Flanery stated to media they can expect the particular machines for their innovative property to help annually crank out $10 million dollars. Читать далее



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