Churchill Downs to build new Owensboro development
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The developer behind the new casino in Terre Haute has unveiled plans for another gaming venue near Indiana’s southern border.
Louisville-based Churchill Downs Inc. said Wednesday it will invest $100 million to build Owensboro Racing & Gaming in Owensboro, Kentucky.
Set to open in the first quarter of 2025, the venue is expected to add 150 jobs, in addition to more than 200 construction jobs.
Churchill Downs said the facility include 600 state-of-the-art historical racing machines, a retail sportsbook, simulcast wagering, and multiple food and beverage offerings.
“We are proud to announce this investment in the Kentucky horse racing industry as we celebrate 150 years of the Kentucky Derby,” Churchill Downs CEO Bill Carstanjen said in a nws release. “In addition to delivering a premier gaming and entertainment experience to Daviess County, this project will build on the success of Ellis Park’s racing product and further contribute to a healthy and sustainable horse racing circuit in Kentucky.”
The city of Owensboro is located across the Ohio River from Spencer County in Indiana.
Owensboro Racing & Gaming will be CDI’s seventh horse racing entertainment venue in Kentucky and will serve as an annex of the company’s Ellis Park Racing & Gaming venue in Henderson, Kentucky, south of Evansville.
The new venue will generate an estimated $125 million in annual regional economic impact, CDI said.
Churchill Downs is nearing completion of the $290 million Terre Haute Casino Resort, which has a grand opening celebration scheduled for April 5.