Churchill Downs Incorporated Completes Acquisition Of Minority Stake In Saratoga Casino Black Hawk

LOUISVILLE, Ky. and SARATOGA SPRINGS, N.Y., Nov. 21, 2016 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (NASDAQ:CHDN) ("CDI"), Saratoga Harness Racing, Inc. ("SHRI") and Saratoga Casino Holdings, LLC ("SCH") have completed their previously-announced transaction whereby CDI has acquired 25 percent ownership of SHRI's controlling interest in Saratoga Casino Black Hawk in Black Hawk, Colo. Following approval of the transaction by the Colorado Division of Gaming, SHRI contributed its controlling interest in Saratoga Casino Black Hawk to SCH, which was formed by CDI and SHRI in conjunction with CDI's 2015 acquisition of a 25 percent interest in SHRI's New York assets.
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About Saratoga Casino Black Hawk

Located in the historic town of Black Hawk, Colorado, Saratoga Casino Black Hawk is the newest game in town and the place to play the latest slots and exciting table games! If you come with a party or are ready to join one, Saratoga Casino Black Hawk has you covered! Further information can be found at www.saratogacasinobh.com.

About Churchill Downs Incorporated

Churchill Downs Incorporated, (CDI) (NASDAQ:CHDN), headquartered in Louisville, Ky., is an industry-leading racing, gaming and online entertainment company anchored by our iconic flagship event - The Kentucky Derby.  We are a leader in brick-and mortar casino gaming with gaming positions in six states, and we are the largest legal online account wagering platform for horseracing in the U.S., through our ownership of TwinSpires.com. We are also one of the world's largest producers and distributors of mobile games through Big Fish Games, Inc. Additional information about CDI can be found online at www.churchilldownsincorporated.com.

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