LOUISVILLE, Ky., Oct. 30, 2019 (GLOBE NEWSWIRE) — Churchill Downs Incorporated (“CDI”) (Nasdaq: CHDN) announced plans to invest $300 million to build a hotel and historical racing machine (“HRM”) facility and permanent stadium seating at Churchill Downs Racetrack (“Churchill Downs”), the home of The Kentucky Derby. Pending final approval of a Kentucky Tourism Development Act incentive, construction would begin in December 2019 and is targeted to be completed in November 2021. A Media Snippet accompanying this announcement is available by clicking on the image or link below:
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