LOUISVILLE, Ky. (Oct. 23, 2012) — Churchill Downs Inc. has completed the purchase of Riverwalk Casino Hotel in Vicksburg, Miss., a deal valued at approximately $141 million, the company announced today. Churchill’s acquisition of the casino property follows approval of the transaction by the Mississippi Gaming Commission.
Riverwalk, which is located on approximately 22 acres of land in Vicksburg, Miss., on the Mississippi River less than one mile from Interstate 20, features a 25,000-square-foot single-level gaming floor with 723 Class III slot machines and 18 table games; a five-story, 80-room attached hotel; a 5,600-square-foot multi-functional event center overlooking the river; and two separate dining areas.
Of the 19 Mississippi casinos located along the Mississippi River, Riverwalk was
one of the two facilities that were not forced to close in 2011 because of record flooding.
Churchill Downs Inc., headquartered in Louisville, Ky., owns and operates the world-renowned Churchill Downs Racetrack, home of the Kentucky Derby and Kentucky Oaks, as well as racetrack and casino operations and a poker room in Miami Gardens, Fla.; racetrack, casino and video poker operations in New Orleans, La.; racetrack operations in Arlington Heights, Ill.; a casino resort in
Greenville, Miss.; as well as a casino resort hotel in Vicksburg, Miss.; CDI also owns the country’s premier advance-deposit wagering company, TwinSpires.com; the totalisator company, United Tote; Luckity.com, where people can legally play fun games online for a chance to win cash prizes; Bluff Media, an Atlanta-based multimedia poker content, brand and publishing company; and a collection of racing-related telecommunications and data companies.