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Stock Market & Financial Investment News

News Breaks
December 21, 2012
11:57 EDTCHDNChurchill 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.
News For CHDN From The Last 14 Days
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December 17, 2014
14:52 EDTCHDNEmpire Resorts among three selected for New York casino projects
New York selected three casino projects to advance in its upstate region: Montreign, which was proposed by Empire Resorts (NYNY), Rivers Casino, which was proposed by an affiliate of Rush Street Gaming, and Lago Resort, which was proposed by Wilmorite. Churchill Downs (CHDN), which proposed The Casino at East Greenbush, and Caesar's (CZR), which proposed Caesars New York in Woodbury, were not selected by the board. Shares of Empire Resorts were volatile in afternoon trading after the New York State Gaming Commission made its announcements during a gaming facility location board meeting.

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