U.S racetrack operator Churchill Downs Inc (CDI) has signed a new joint venture agreement with Delaware North Companies Gaming & Entertainment, under which the two companies will acquire Ohio-based racing track Lebanon Raceway and develop a new video lottery terminal (VLT) facility.
The new joint venture, Miami Valley Gaming & Racing LLC, will manage the development and operation of the VLT facility and racetrack.
Miami Valley Gaming has entered into an asset purchase agreement through which it [...]
