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Churchill Downs plans $180m–$200m New Hampshire casino redevelopment

Deals & M&A

Churchill Downs said it will rename Casino Salem in New Hampshire as Rockingham Grand Casino and redevelop the property. The company has budgeted $180 million to $200 million for the project, which is planned to open in summer 2027 and will include a 900-seat events centre and 825 historical racing machines.

The redevelopment sets the planned scale, investment and opening timetable for Churchill Downs’ New Hampshire casino project.

End-of-day close Churchill Downs (CHDN), USD, to 26 February 2026
Story date28 November 202526 February 2026

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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Deals & M&A

Mike Repole buys 1.5% stake in Churchill Downs

Beverage billionaire and racehorse owner Mike Repole acquired a 1.5% holding in Churchill Downs. The report said Churchill Downs shares had fallen 35% since the start of the year.

Mike Repole, a beverage billionaire and racehorse owner, has acquired close to a 1.5% stake in Churchill Downs, the company said in a post by Repole on X. Repole wrote that he had bought 1 million shares over the past four days and might acquire more. The holding was reported on 8 October.

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