Churchill Downs venture completes purchase of harness racing licenses Miami Valley Gaming & Racing, a joint venture of Delaware North Companies Gaming & Entertainment and Churchill Downs (CHDN), said it completed its purchase of the harness racing licenses and certain assets held by Lebanon Trotting Club and Miami Valley Trotting. The new facility is expected to open in the first quarter of 2014. The purchase was contingent upon the approval of the partnership's respective applications to the Ohio Lottery Commission and the Ohio State Racing Commission. The Ohio State Racing Commission approved the joint venture's racing license and application to relocate the raceway on Dec. 13, 2012. The Ohio Lottery Commission conditionally approved Miami Valley Gaming & Racing's application for its video lottery sales agent license on Dec. 19, 2012.
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