Churchill Downs Finalizes Deal for Oxford Casino

by | 07.18.2013 | 8:06am

Churchill Downs Incorporated (CDI) announced Wednesday that it had completed the purchase of Oxford Casino (Oxford) in Oxford, Maine, a deal valued at approximately $160 million. CDI's acquisition of the casino property follows the approval of the transaction by the Maine Gambling Control Board.

“We are extremely pleased to complete this transaction earlier than anticipated and appreciate the timely action of the Maine Gambling Control Board who made this possible,” said Chairman and CEO Bob Evans. “CDI welcomes the employees at Oxford to the CDI family.”

About Oxford Casino

Oxford, which opened in June 2012 and underwent an expansion completed in October 2012, is located on 100-acres about 40 minutes northwest of Portland in the heart of southern Maine. The property includes a 25,000-square-foot single-level gaming floor with 790 Class III slot machines and 22 table games. It also hosts a 140-seat casual restaurant – Oxford Grill, a 12-seat casino bar and a grab-and-go.

  • harry

    If only Mr.Evans and Churchill Downs had the interest directed toward the crumbling and slow death of Calder Race Course in Florida that they have in this casino venture in Maine. Oh I forgot Calder is a race track something Churchill Downs really puts on the back burner. They just want the Casino next to Calder not really the race track which is so so sad. Little wonder BC has snubbed Churchill Downs for BC races.

    • Stanley inman

      Churchill understands a simple fact about Florida and Maine
      They don’t have the dates and can’t compete in Florida
      In Maine they have a market with no competition
      They realized Hollywood park was a mistake
      Calder just took them a little longer
      To come to the same conclusion
      Meeckers legacy

  • Tinky

    Core business, baby!

  • Buddy29

    CD will never get another penny from me ever. They went to slot machines and left the horse racing business.

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