Churchill Downs, parent company of Presque Isle Downs Casino, submitted paperwork for a $10 million PA sports betting application last week.
Churchill Downs will apply for PA sports betting once its Presque Isle sale finalizes. In the meantime, it wants a New Jersey sportsbook by year’s end.
With two more PA casinos applying for interactive gaming licenses, it is time to ask about what happens to the leftover licenses.
It was a busy day for Churchill Downs, which both applied for a Pennsylvania online gambling license and assumed the license for Presque Isle Downs Casino.
Churchill Downs and Eldorado Resorts are putting the finishing touches on a deal that gives the Louisville company control of both Presque Isle and Lady Luck Nemacolin casinos.
Monday’s Supreme Court decision opened the door for legalized sports betting across the nation. Following the news, Churchill Downs has been busy expanding its reach beyond just Pennsylvania.
In its first-quarter earnings call, Churchill Downs discussed is new property in Pennsylvania, Presque Isle, as well as the online gambling and sports betting opportunities that come with it.