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CDI continues diversification with fourth casino purchase

8th October 2012 1:11 pm GMT

Continuing to invest capital in growth opportunities, US racing and gaming operator Churchill Downs Inc. (CDI) has acquired Mississippi’s Riverwalk Casino and Hotel for a total consideration of approximately $141m.

CDI has entered into a definitive purchase agreement to acquire Riverwalk Casino and Hotel in Vicksburg, Mississippi, which would become the company’s second casino in the state following its purchase of Harlow’s Casino Resort & Hotel in September 2010, and fourth overall [...]

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