Churchill Downs Expands Kentucky Presence With $40M Calvert City Gaming Venue

GlobeNewswire Inc.GlobeNewswire Inc.
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Key Takeaway

Churchill Downs opens Marshall Yards Racing & Gaming, a $40-45M facility in Calvert City, Kentucky, featuring 225 historical racing machines and a sportsbook to expand its regional presence.

Churchill Downs Expands Kentucky Presence With $40M Calvert City Gaming Venue

Churchill Downs Incorporated has launched Marshall Yards Racing & Gaming, a new $40-45 million entertainment facility in Calvert City, Kentucky. The 23,000 square-foot venue represents the company's strategic expansion into Southwestern Kentucky and features 225 historical racing machines alongside a retail sportsbook and simulcast wagering operations.

The facility is designed to serve multiple functions within Churchill Downs' broader gaming portfolio. Marshall Yards will generate revenue to support purse funding for Oak Grove Racing's Kentucky meet, enhancing the competitive offerings at the regional racing venue. This arrangement underscores how the company integrates gaming venues with its live racing operations to maximize revenue streams across its properties.

The opening positions Churchill Downs to capture additional gaming revenue in a growing regional market while strengthening its support for Kentucky-based racing operations. The venue's amenities and gaming options align with industry trends toward integrated racing and gaming destinations.

Source: GlobeNewswire Inc.

Back to newsPublished Feb 24

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