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Churchill Downs Incorporated Completes Acquisition of a Majority of Casino Salem Project in New Hampshire
Globenewswireยท 2025-08-27 20:01
Core Viewpoint - Churchill Downs Incorporated (CDI) has completed the acquisition of a majority interest in a joint venture for Casino Salem, New Hampshire, which will allow the company to develop a charitable gaming, entertainment, and dining venue [1][2]. Group 1: Acquisition Details - The acquisition of Casino Salem was funded through the company's existing credit facility [2]. - The initial phase of Casino Salem opened on July 9, 2025, and future phases will include venue rebranding, gaming floor expansion, and new food and beverage concepts [2]. Group 2: Company Background - Churchill Downs Incorporated has over 150 years of experience in creating entertainment experiences, starting with the Kentucky Derby [3]. - The company has expanded through the acquisition and operation of live and historical racing venues, online wagering businesses, and regional casino properties [3].