Churchill downs announces end of management agreement related to lady luck nemacolin in pennsylvania

Louisville, ky., june 28, 2023 (globe newswire) -- churchill downs incorporated (“cdi” or “the company”) announced today that the company has not renewed the management agreement for lady luck casino nemacolin (“lady luck nemacolin”) in farmington, pennsylvania and has completed the sale of substantially all of its assets at lady luck nemacolin to woodlands fayette, llc for an immaterial sum. woodlands fayette, llc manages nemacolin resort and will manage lady luck nemacolin effective immediately. all of the employees of lady luck nemacolin were offered positions by woodlands fayette, llc.
CHDN Ratings Summary
CHDN Quant Ranking