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Churchill Downs completes $180m acquisition of 90% stake in Casino Salem

Deals & M&A

Churchill Downs completed its acquisition of a 90% stake in Casino Salem in New Hampshire for $180m. The deal followed an agreement in July and required approval from the New Hampshire Lottery Commission; Churchill Downs said it would finalise plans for later development phases.

The acquisition gives Churchill Downs a majority stake as it prepares plans for later development phases.

End-of-day close Churchill Downs (CHDN), USD, to 10 October 2025
Story date14 July 202510 October 2025

Latest reported results

Churchill Downs NASDAQ: CHDN

Quarter ended 30 September 2026

Revenue
USD 696.0m10-Q filing 0000020212-26-000084
Operating income
USD 143.0m10-Q filing 0000020212-26-000084

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