Churchill Downs Incorporated (CDI) has unveiled its newest Derby City Gaming (DCG) Downtown historical racing machine (HRM) venue in Kentucky, a $90.0m (£71.5m/€83.4m) project that marks the company’s sixth location in the Bluegrass State. The site, complete with a Kentucky Derby theme, is home to 500 HRMs, three food and beverage amenities, 130 parking spaces, and an exterior 3D video board.

CDI has highlighted the positive impact of the project on the local economy, generating 400 construction jobs during development and creating over 150 permanent jobs at the venue. The company also emphasized its commitment to supporting minority, women, and veteran-owned subcontracting services, with over $14.0m of the investment allocated to these businesses.

CEO Bill Carstanjen expressed pride in the project, stating that it not only benefits the Kentucky horse industry but also brings new vitality to downtown Louisville while stimulating further investments in the area. He regarded the DCG Downtown venue as a much-needed entertainment facility for locals, bourbon tourists, convention attendees, and all visitors to the region. Carstanjen emphasized that the investment in downtown Louisville is an important decision for the city’s spirit, culture, and future.

Kentucky Governor Andy Beshear also lauded the project, noting that it aligns with the state’s racing heritage and contributes to the city’s future as well as Kentucky’s overall vitality.

Coinciding with the opening of DCG Downtown, Kentucky recently launched its legal online sports betting market. The state initially introduced retail wagering on September 7, followed by online betting on September 27 through a staggered launch. Several prominent operators, including Bet365, BetMGM, Caesars, DraftKings, FanDuel, and others, obtained online licenses. Retail licenses for sports wagering were also issued for various racetracks and satellite facilities across the state.

The announcement of the new DCG venue and the legalization of sports betting in Kentucky collectively represent significant developments in the state’s gaming and entertainment landscape.

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