This news release contains various “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Headquartered in Louisville, Kentucky, CDI has expanded through the development of live and historical racing entertainment venues, the growth of the TwinSpires horse racing online wagering business and the operation and development of regional casino gaming properties. All of the employees of Lady Luck Nemacolin were offered positions by Woodlands Fayette, LLC.Ĭhurchill Downs Incorporated (“CDI”, NASDAQ: CHDN) has been creating extraordinary entertainment experiences for nearly 150 years, beginning with the company’s most iconic and enduring asset, the Kentucky Derby. Woodlands Fayette, LLC manages Nemacolin Resort and will manage Lady Luck Nemacolin effective immediately. LOUISVILLE, Ky., J(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.
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