Keeneland, Churchill Downs to develop two racetrack-casinos
The project has the support of the Kentucky Horsemen's Benevolent and Protective Association, which represents horsemen in the state, and the Kentucky Thoroughbred Association.
The announcement joins two heavyweights in the Thoroughbred industry that have rarely worked together but which have both recently embraced the state’s authorization seven years ago of so-called historical racing machines, devices that closely resemble slot machines.
The total budget for the two facilities is $80 million to $90 million, Gabbert said. The facilities could open approximately one year after they are granted licenses by the Kentucky Horse Racing Commission, according to Gabbert, who added that license applications were to be filed Friday.
Kentucky Gov. Matt Bevin has said that he is opposed to any expansion of casino gambling in the state, but the governor’s office earlier this year did not publicly raise any opposition to the Churchill plan to open a parlor in Louisville.
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