Eldorado Resorts, Churchill Downs terminate Lady Luck deal

Eldorado Resorts, Churchill Downs terminate Lady Luck deal

July 09, 2018 9:50 AM
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Eldorado Resorts, Inc. and Churchill Downs Incorporated announced today (Monday) that they have terminated their previously announced agreement though which Churchill would acquire substantially all of the assets and properties associated with Lady Luck Casino in Vicksburg, Mississippi.

The two companies further announced that they have amended their previously announced agreement whereby Churchill will now acquire substantially all of the assets and properties associated with Presque Isle Downs & Casino in Erie, Pennsylvania from Eldorado.

It was also announced that Churchill would also assume management of Eldorado’s Lady Luck Nemacolin casino in Farmington, Pa., in the south central portion of the state, near its West Virginia border.