Churchill Lows and Companion Get ALRIGHT to Build Fresh Kentucky Racetrack with Poker Parlor
Churchill Downs and Keeneland will handle jointly Kentucky’s first completely new harness racetrack in more than two decades
The Kentucky Horse Racing Commission picked out on Ending friday Churchill Lows and Keeneland Inc. because the winning visitors for the myfreepokies.com engineering of a generate racetrack plus a gambling restaurant in Traditional western Kentucky. Their valuable joint venture would be the first racetrack to be built-in the state around 25 years.
Churchill Downs and Keeneland include presented an insurance policy to collectively develop along with operate a new $150-million racetrack in Walnut Grove inside Chistian District. The last mentioned company is only going to own 5% in the venture.
The winning bidders will certainly build a five-eighths of a mi. racetrack that may host 10 days of standardbred races . Construction is normally expected to start as early as next season. The new classy will also characteristic 1, 400 historical speed machines. This last year, a Outlet Court Assess ruled the machines have been pari-mutuel, which inturn made all of them legal below Kentucky rules that secure gambling at horse rushing. Churchill Downs opened a good gambling restaurant with medieval racing products at its Louisville property previously this year.
The particular machines were estimated to possess produced across $21 huge number of for the state’s coffers given that 2010. (more…)