Churchill Downs Inc. is discontinuing its involvement with the Lady Luck Nemacolin gambling establishment in the state of Pennsylvania. The corporation has opted not to extend its administrative agreement for the gaming venue, situated within the Nemacolin Resort. Rather, the resort’s proprietor, Woodlands Fayette, LLC, will assume managerial control.
As a component of this shift, Churchill Downs divested most of its holdings at Lady Luck Nemacolin to Woodlands Fayette for a symbolic amount. All Lady Luck personnel have been extended offers to remain employed at the casino under the new leadership.
This action permits Churchill Downs to concentrate on its fresh endeavor in Kentucky. The enterprise recently procured property adjacent to Ellis Park Racing & Gaming in Daviess County, intending to construct a historical horse racing machine amusement center. This novel establishment will aid in bolstering the horse racing activities at Ellis Park, a venerable track that Churchill Downs purchased in 2022 for $79 million.
Churchill Downs anticipates disclosing further particulars regarding the new Kentucky project in the ensuing months.
The official wagering associate of the Kentucky Derby, Churchill Downs, recently published its betting data for Derby Day in May. The figures are impressive and substantial! The total handle for the Kentucky Derby, all the preceding festivities, and the entirety of Kentucky Derby Week established a historic high.
