LOUISVILLE, Ky. (AP) - Churchill Downs Inc. says it has completed the purchase of a Maine casino in a deal valued at about $160 million.
Oxford Casino opened in 2012 and is situated about 40 miles northwest of Portland in Oxford, Maine. The property includes a 25,000-square-foot gaming floor with 790 slot machines and 22 table games. It also includes a restaurant.
The acquisition is Churchill's latest venture into the casino business.
It owns racetrack and casino operations in Miami Gardens, Fla., and New Orleans; a casino resort in Greenville, Miss.; and a casino resort hotel in Vicksburg, Miss.
Churchill also owns and operates its namesake racetrack that's home to the Kentucky Derby, along with racetrack operations in Arlington Heights, Ill.
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