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Stock Market & Financial Investment News

News Breaks
March 30, 2013
19:19 EDTCHDNChurchill Downs to acquire Oxford Casino in Oxford, Maine
Churchill Downs Incorporated announced that it has entered into a definitive purchase agreement to acquire Oxford Casino in Oxford, Maine, for total consideration of approximately $160M, to be paid in cash.The transaction, which is dependent on the company securing a gaming license from the Maine Gaming Control Board, and on other usual and customary closing conditions, is anticipated to close in the fourth-quarter of 2013. If certain closing conditions are not satisfied, the company could be obligated to pay an $8M termination fee.
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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