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Churchill Downs Plans To Buy Ellis Park

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Visit Evansville

CDI also planning development in Owensboro

Churchill Downs Inc. has agreed to buy Ellis Park in Henderson for $79 million in cash. WNIN’s John Gibson reports:

CDI, the parent company of Churchill Downs, also plans to build a gambling and entertainment venue at Towne Square Mall in Owensboro.

CDI says it expects to invest an additional $75 million as part of that project.

The closing of the deal is contingent upon the approval of the Kentucky Horse Racing Commission.

In a statement, Kentucky Governor Andy Beshear said “Churchill Downs has proven it has the experience, resources, and desire to reinvigorate Ellis Park into a premier racing destination and provide unmatched gaming entertainment.”

The racetrack just south of Evansville celebrated 100 years of racing this year.