Churchill Downs seeks bids for seven casinos to reduce debt
By The Weekly Edge desk · · Updated
Summary
Churchill Downs CEO Bill Carstanjen said the company was soliciting and assessing bids for seven casinos, Online Poker Report reported. Churchill Downs announced the proposed sales in July as part of efforts to address debt and focus on racing, historic horse-racing machines and its online business.
Why it matters
Churchill Downs is assessing casino bids to address debt and focus on racing, historic horse-racing machines and online operations.