---
schema_version: "secwatch.filing_event.v1"
accession: "0000020212-25-000092"
form_type: "8-K"
ticker: "CHDN"
cik: "0000020212"
company_name: "Churchill Downs Inc"
filed_at: "2025-07-14T23:59:59+00:00"
generated_at: "2026-05-18T06:47:13.761611+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Churchill Downs to acquire 90% of Casino Salem for $180M cash

## Summary
- Acquires 90% equity in Salem, NH casino joint venture for $180M cash; will develop HHR gaming and entertainment venue.
- Initial phase opened July 9 with approx. 100 historical horse racing machines and 13 live table games.
- Partnership with local developers Joe Faro and Sal Lupoli, who retain 10% stake and provide local expertise.
- Transaction expected to close Q3 2025, subject to New Hampshire Lottery Commission approval.
- Financed via existing credit facility; venue located 30 min from downtown Boston at The Mall at Rockingham Park.

## SEC filing metadata
- accession: 0000020212-25-000092
- form_type: 8-K
- ticker: CHDN
- cik: 0000020212
- company_name: Churchill Downs Inc
- filed_at: 2025-07-14T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/20212/000002021225000092/0000020212-25-000092-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/20212/000002021225000092/chdn-20250714.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000020212-25-000092
- JSON: https://secwatch.observer/filing/0000020212-25-000092.json
- Plain text: https://secwatch.observer/filing/0000020212-25-000092.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.