Churchill Downs Incorporated (CDI) has completed the acquisition of Chasers Poker Room. The facility is located in Salem, New Hampshire, and was finalized after approval from the New Hampshire Lottery Commission. With the deal, CDI will now be able to expand its historical horse racing products into a new state.
Details of the Transaction
CDI has big plans for its new property, with around $150 million to be spent on the facility’s investment, including the purchase amount. The company plans to create a larger charitable gaming facility in Salem and offer as many as 800 games, including table options and historical racing machines.
Chasers is in a good location to receive traffic, just 30 minutes from the …