US gaming and racetrack operator Churchill Downs Incorporated (CDI) has signed a definitive purchase agreement to acquire a 25 per cent stake in Saratoga Casino Holdings (SCH).
SCH is a newly formed entity comprising Saratoga Casino and Raceway in Saratoga Springs, N.Y.; Saratoga Harness Racing Inc.’s (SHRI) controlling interest in Saratoga Casino Black Hawk in Black Hawk, Colo.; its 50 percent interest in a joint venture with Delaware North Companies to manage the Gideon Putnam Hotel [...]
