Churchill Downs Betting on the del Lago Resort & Casino
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The del Lago Resort & Casino in Seneca County will soon have a new owner.
Churchill Downs Incorporated purchased Peninsula Pacific Entertainment for $2.5 billion. The sale was announced yesterday.
Churchill Downs is the racing, online wagering and gaming entertainment company behind the Kentucky Derby, as well as TwinSpires, one of the largest online wagering platforms for horse racing, sports and iGaming in the U.S. The deal must be approved by the New York State Gaming Commission and is expected to close by the end of this year. The deal also includes the Hard Rock hotel & Casino in Sioux City Iowa.
It’s the second time the casino in Tyre has been sold since it opened in 2017. Peninsula Pacific was an original 50% owner of the casino near the Waterloo exit of the New York State Thruway. In 2019, Peninsula Pacific bought out Rochester developer Thomas Wilmot and his company, Wilmorite.
The del Lago Resort & Casino, a 96,000 sq. ft. casino with approximately 1,700 slot machines, 80 table games, a 205-room hotel, nine restaurants / bar areas, 758 covered parking spaces, a 6,000 sq. ft. sportsbook area, a 2,400-seat entertainment venue, and a 7,200 sq. ft. outdoor event venue.
