other material
confidence high
sentiment neutral
materiality 0.60
Churchill Downs explores sale of eight regional gaming properties
Churchill Downs Inc
- Company completed comprehensive portfolio review and is exploring sale of eight wholly owned regional casinos and racetracks.
- Properties include Calder Casino (FL), Terre Haute (IN), Hard Rock (IA), Oxford Casino (ME), Ocean Downs (MD), Harlow's and Riverwalk (MS), del Lago (NY), and Presque Isle (PA).
- No assurances that any transaction will occur; no timetable set for the process.
- Company will not provide updates unless disclosure is required by law.