Churchill Downs и Saratoga Casino Holdings совместно приобретут Ocean Downs Casino

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Churchill Downs concludes Ocean Downs deal

Churchill Downs has completed the acquisition of the remaining 50% of the casino at Ocean Downs and Ocean Downs Racetrack in Berlin, Maryland from Saratoga Holdings.

The purchase is in exchange for Churchill Downs’ 25% equity interest in Saratoga.

Churchill Downs and its affiliates will have exclusive rights to operate online sports betting on behalf of Saratoga Harness Racing at the two other casinos owned by Saratoga Holdings; Saratoga Casino Hotel in Saratoga Springs, New York and Saratoga Casino Black Hawk in Black Hawk, Colorado.

The deal will last for 15 years after the liquidation process has finished, subject to payment of “commercially reasonable” royalties to Saratoga Harness Racing.

The announcement comes four months after Churchill Downs agreed a partnership with SBTech for sports betting and online gaming across the US.

Churchill Downs и Saratoga Casino Holdings совместно приобретут Ocean Downs Casino

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Saratoga Casino Holdings saratogacasino.com

Saratoga Casino Holdings is the parent company of Saratoga Casino Hotel, located in Saratoga Springs, New York and Saratoga Casino Black Hawk in Black Hawk, Colorado. Its locations feature slots, electronic table games, live harness racing, simulcast wagering, dining, live entertainment, and more.

Saratoga Casino Holdings is the parent company of Saratoga Casino Hotel, located in Saratoga Springs, New York and Saratoga Casino Black Hawk in Black Hawk, Colorado. Its locations feature slots, electronic table games, live harness racing, simulcast . Show all

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342 Jefferson Street

Saratoga Springs, 12866
New York, United States

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