Friday, October 5, 2012

Churchill Downs To Buy Casino And Hotel

{Louisville, Kentucky}...Churchill Downs Inc. announced Friday it is buying Riverwalk Casino and Hotel in Vicksburg, Mississippi for $141 million. The agreement is contingent on receiving a gaming license. The deal is expected to close by year's end. The property includes a 25,000-square-foot gaming floor, an 80-room hotel, a multifunctional event center and two dining areas. Churchill Downs also owns Harlow's Casino Resort & Hotel in Greenville, 90 miles north of the Riverwalk property.